|
|
Article: XL Capital Ltd Reports Fourth Quarter 2005 Net Loss of $821.9 Million, or a Net Loss of $5.51 per Ordinary Share After the Charge Associated With the Winterthur Decision and the Natural Catastrophes.
- Article from:
- PR Newswire
- Article date:
- February 8, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Full Year 2005 Net Loss of $1,292.3 Million, or Net Loss of $9.14 per Ordinary Share
Strong Underlying Fundamentals Overshadowed by 2005 Events (Full Year 2005 Versus Full Year 2004)
-- 2005 Contribution From Financial Operations Was $235 Million Compared With $141 Million -- General Operations Net Investment Income Was $799 Million Compared With $614 Million -- Combined Ratio, Excluding the Charge Associated With the Winterthur Decision and the Third and Fourth Quarter Natural Catastrophes, Was 92.1%
HAMILTON, Bermuda, Feb. 7 /PRNewswire-FirstCall/ -- XL Capital Ltd ("XL" or the "Company") today reported a net loss to ordinary shareholders ...