XL Q1 net income drops 16%; analysts say work still to do
First quarter net income at XL Capital dropped 16% but the company is on 'solid' footing, the company's chief executive said.
XL Capital, which had seen its share price and market cap plunge because of losses at its then-credit insurer, SCA, reported net income for the quarter of $178.3m, down from $211.8m this time lastOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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