XL Capital posts Q2 profit
XL Capital has reported net income available to ordinary shareholders for the quarter ended June 30, 2006 of $377.1m, compared with net income of $135.9m, for the quarter ended June 30, 2005. Net income excluding net realized gains and losses for the second quarter of 2006 was $375.8m, compared with $101.3m, for the prior year period.
Included in both net income and net income excluding net realized gains and losses for the quarter ended June 30, 2005 was a prior year reserve strengthening for the Company's North American
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