XL slashed its reinsurance top line in the third quarter and reported lower group operating profits year-on-year as a larger release from reserves was not enough to offset higher cat and non-cat losses in its P&C business.
XL slashed its reinsurance top line in the third quarter and reported lower group operating profits year-on-year as a larger release from reserves was not enough to offset higher cat and non-cat losses in its P&C business.