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XL GROUP PLC ANNOUNCES SECOND QUARTER 2012 RESULTS
Hamilton, Bermuda: 08 August 2012 -
Operating net income of $221.9 million, or $0.71 per share, for the quarter
• Net income of $221.2 million, or $0.71 per share, for the quarter
• Annualized operating return on ordinary shareholders' equity2 of 9.1%, for the quarter
• Natural catastrophe losses net of reinsurance and reinstatement premiums of $60.6 million recorded for the quarter
• Gross P&C premiums written for the quarter were flat overall compared to the prior year quarter. Increases in new business lines, and certain pricing increases were largely offset by movements in foreign exchange rates and targeted non-renewals
• Fully diluted tangible book value per ordinary share3 of $30.65 at June 30, 2012, an increase of $2.34 from December 31, 2011
• Share buybacks during the quarter totaled 6.1 million shares for $125.0 million
For further details visit: http://www.xlgroup.com/press/xl-group-plc-announces-second-quarter-2012-results
DIRECTORY
| Name | Position | Phone | |
| David Radulski | Director, Investor Relations | 441-292-8515 | David.Radulski@xlgroup.com |