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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 (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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