Bermudian (re)insurer XL Group posted net income of $177mn in the first quarter, up from a $227mn loss last year, as higher-than-expected reserve releases and modest cat losses strengthened the bottom line.
Bermudian (re)insurer XL Group posted net income of $177mn in the first quarter, up from a $227mn loss last year, as higher-than-expected reserve releases and modest cat losses strengthened the bottom line.