Cat losses hit profits at XL but solid growth continues


XL Group enjoyed strong growth in 2016 boosted by the integration with Catlin Group but profits tumbled in what its CEO called a very challenging year characterised by increased levels of catastrophe losses.

XL Group, Results 2016, XL Catlin, Mike McGavick, Catastrophe loss, Insurance, Reinsurance, Bermuda, North America, Europe

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