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Integration costs related to XLs acquisition of Catlin in 2015 were completed during the quarter and totaled.1 million, some 13 million lower year-on-year.
Note: A Work in Progress, much more to be added.Axa XL, which will be dedicated to large property and casualty commercial lines will operate under three main lines, Axa said in a statement today: XL Insurance, which will comprise XLs insurance business and Axa Corporate Solutions; and will include XL Art and Lifestyle, the.Greg Hendrick said: This announcement marks the culmination of a great deal of work and vision.The new combined company will be marketed as XL Catlin and a global advertising campaign and new public website has been launched.Net investment income for the quarter was 200.5 million, compared to 205.9 million in the first quarter of last year.Moving XL Insurance Company SE to Ireland means we deliver on that commitment.The transaction offers significant long-term value creation for our stakeholders with increased risk diversification, higher cash remittance potential and reinforced growth prospects.
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The charge relates to a revaluation of deferred tax assets and XL said the actual charge would depend on fourth-quarter results.He added: XL Catlin sees this project as a significant step for the insurance industry on a global level.Establishing our corporate home in Bermuda is a natural step for XL, said Michael McGavick, chief executive officer.XL Group Ltd made a profit of 152.6 million, or 58 cents per share, during the first quarter.Property and casualty insurer XL has also attracted interest from insurers including Germanys Allianz SE, Bloomberg reported last month.The loss ratio fell from.6 per cent.8 per cent.Catlin delisted from the London Stock Exchange and ceased to be traded as of 8am London time. .Mike McGavick, chief executive officer of XL Group, said he was pleased to welcome the Allied stable to the XL Catlin brand.Representatives for XL Group and Axa didnt respond to several requests for comment.6/26/1968 Yasuda Management Service Company 4/17/1975 Yat Chau International Holdings 1/16/1996 Yately Properties 11/2/1971 Yatta Global Investment Management 12/19/2011 Yatzy Drilling Ltd Delaware USA 4/21/1995 Yau Lee Holdings 6/25/1991 Yawma Investment 9/7/1988 Yucatan Express Currently offers a ferry service from Tampa to Yucatan, Mexico, etc.Cambrian college Make.XLs property and casualty combined ratio the portion of premium dollars spent on claims and expenses was 146.9 per cent compared.1 per cent a year ago.