
XL Capital Ltd was a global insurance and reinsurance company that was founded in 1985 by David E. Cordani.
The company was headquartered in Hamilton, Bermuda, and had operations in over 25 countries worldwide.
XL Capital Ltd was a leading provider of property and casualty insurance and reinsurance products to clients across the globe.
In 2008, the company was acquired by AXA SA, a French multinational insurance company, for approximately $6.8 billion.
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Financial Information
XL Capital Ltd was a global insurance and reinsurance company that operated in the financial sector.
The company's financials were reported in US dollars, which was the standard currency used for international transactions.
In 2008, XL Capital Ltd reported a net income of $2.6 billion.
The company's financial performance was significantly impacted by the global financial crisis, which led to a decline in its net income to -$1.7 billion in 2008.
XL Capital Ltd had a market capitalization of $17.8 billion at its peak in 2007.
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Stock Information

XL Capital Ltd was a global specialty insurer and reinsurer that was listed on the New York Stock Exchange.
The company was founded in 1985 and had a long history of providing insurance and reinsurance services to clients worldwide.
XL Capital Ltd was acquired by Catlin Group in 2010 for approximately $3.3 billion.
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Stock Symbol Definition
A stock symbol is a unique code assigned to a publicly traded company, like XL Capital Ltd., which trades under the symbol XL-N on the New York Stock Exchange.
Stock symbols are usually referred to by their exchange and ticker symbol, such as NYSE:XL or XL-N.
You'll often see stock symbols displayed on financial websites and apps, like Bloomberg or Yahoo Finance, to help you quickly identify a company's stock.
NYSE stands for New York Stock Exchange, which is one of the largest stock exchanges in the world, and it's home to thousands of publicly traded companies.
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What Are Stock Prices?

Stock prices can change daily, like on 2021-01-13 when XL Capital Ltd. (XL-N) stock closed at $22.22.
You can track stock prices over time to see if they're going up or down.
Watching your stocks daily can help you stay on top of their performance.
On certain days, stock prices can be quite high or low, and it's essential to know what they are.
XL Capital Ltd. stock price is just one example of how stock prices can fluctuate.
Why Is Stock Dropping?
Stock prices can drop for a variety of reasons, but one common cause is earnings reports. Earnings reports can reveal financial struggles or disappointing profits that make investors lose confidence in the company.
Recent company news can also cause stock prices to plummet. This can include announcements about layoffs, product recalls, or other negative developments that raise concerns about the company's future.
Earnings reports or recent company news can cause the stock price to drop, as seen in the case of XL Capital Ltd. Poor earnings can lead to a loss of investor confidence, causing the stock price to fall.
Stock experts' recommendations can provide valuable insights to help you decide whether to buy, sell, or hold a stock. They can analyze the situation and provide guidance based on their expertise and market knowledge.
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Examples in Sentences

XL Capital Ltd has a few key requirements when it comes to certificates and compliance. A certificate, dated the Effective Date and signed by the President, a Vice President or a Financial Officer of XL Capital, must confirm compliance with the conditions set forth in the lettered clauses of the first sentence of Section 5.02.
XL Capital must deliver a timely and complete Interest Election Request to avoid conversion of a Eurodollar Borrowing to an ABR Borrowing. If XL Capital fails to do so, the Borrowing will be converted at the end of the Interest Period.
XL Capital must ensure that the purchase of any Margin Stock with the proceeds of any Loan does not violate Regulation U or X of the Board. The company must also ensure that, after applying the proceeds of such Loan, not more than 25% of the value of the assets of XL Capital and its Subsidiaries taken as a whole consists or will consist of Margin Stock.
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Here are the specific requirements for Margin Stock purchases:
- The purchase of any Margin Stock must not be in violation of Regulation U or X of the Board.
- Not more than 25% of the value of the assets of XL Capital and its Subsidiaries taken as a whole may consist or will consist of Margin Stock.
XL Capital must also ensure that its ratio of Total Funded Debt to the sum of Total Funded Debt PLUS Consolidated Net Worth does not exceed 0.35:1.00 at any time.
Analysis and News
XL Capital Ltd. has a comprehensive company profile available, which includes a PEST Framework Analysis of the industry it operates in.
The company has a long history, and its organization structure is analyzed in the report.
A SWOT Framework Analysis of XL Capital Ltd. and its competitors is also included in the comprehensive analysis.
XL Capital Ltd. operates through various business segments, which are analyzed in the report to provide a deeper understanding of the company's operations.
The company's financial performance is presented in the report, including a ratio analysis and a basic profit and loss analysis.
A complete balance sheet of XL Capital Ltd. is also presented in the report to provide a detailed financial picture of the company.
A.M. Best Assigns Rating

A.M. Best Co. assigned a debt rating of "bbb" to $500 million equity security units of XL Capital Ltd.
The rating has been placed under review with negative implications. This means the rating may be adjusted in the future based on the company's performance.
XL Capital Ltd's debt-to-capital ratio remains relatively elevated at 30% following the issuance of the equity security units. This is a concern for the company's financial health.
The agreement with Security Capital Assurance Limited (SCA) commutes and terminates certain reinsurance and other agreements among the parties. This should bring an end to the unanticipated charges that have beset the company for the past several years.
The equity security units consist of a contract to purchase $25 ordinary XL Capital Ltd shares on August 15, 2011, and a 2.5% ownership in a senior note of XL Capital Ltd, due August 15, 2021, with a principal amount of $1,000.
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Analysis of Current Releases

Research and Markets has announced the addition of a company profile on XL Capital Limited, which includes a complete and comprehensive analysis of the company.
The report provides a history of XL Capital Ltd., including its business segment analysis and organization structure.
A financial analysis of XL Capital Ltd. is presented in the report, which includes a ratio analysis and basic profit and loss analysis.
The report also includes a presentation of the company's balance sheet and a SWOT Framework Analysis of XL Capital Ltd. and its competitors.
Sources
- https://programbusiness.com/news/am-best-assigns-rating-to-xl-capital-ltds-equity-security-units/
- https://stockchase.com/company/view/3403/XL-N
- https://www.lawinsider.com/dictionary/xl-capital
- https://www.royalgazette.com/other/business/article/20110203/xl-invests-extra-100m-in-financial-guaranty-business/
- https://insurancenewsnet.com/oarticle/Analysis-of-XL-Capital-Limited-Out-Now-a-172263
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