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Diamond Hill Capital Comments on XL Group Plc

October 23, 2012 | About:

Shares of property and casualty insurance company XL Group PLC (NYSE:XL) increased during the quarter as the company reported stronger than anticipated second quarter earnings driven by improved underwriting margins. These margins were garnered through implementation of a disciplined process of re-underwriting business lines identified as underperforming. In addition, the company benefited from improving real prices in its primary insurance business and a strong balance sheet.

From Diamond Hill Capital's Third Quarter Small-Mid Cap Fund Commentary.

Rating: 1.7/5 (3 votes)


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