Quick Win by the Algorithm: XL Group Ltd (NYSE: XL) Finishes The Q4 2017 And Launches Towards 2018 with 28,70% In 7 Days

March 7, 2018

Quick Win by the Algorithm

XL group logo

[Source: Wikimedia Commons]

“XL’s fourth quarter and full year 2017 results were impacted by the severe natural catastrophes in the year. At the same time, we feel positive about where we are going due to some important factors including: our solid capital position, our progress made in our 2017 ex-catastrophe underlying results, the strength of our market relevance as demonstrated by our 8 percent growth in gross written premiums year-over-year, and that we are seeing early signs of a return to realistic and sustainable rate…”

– Mike McGavick,  XL’s Chief Executive Officer

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