XL CEO announces $1bn share buyback as it reports Q3 figures
XL has reported its property and casualty operations recorded a combined ratio of 94.9% in the third quarter of 2010, bolstered by reserve releases.
It added operating income attributable to ordinary shareholders was $175.0m (£109m), whilst net income attributable to ordinary shareholders was $77.5m.
The pre-tax impact of natural catastrophe
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