XL Group Says Germany, France Hailstorms to Cost $60 Million
XL Group Plc, the insurer led by Chief Executive Officer Mike McGavick, said July hailstorms in Germany and France cost the company about $60-million before tax.
Most of the losses were in the reinsurance segment, Dublin- based XL said today in a statement distributed by PR Newswire.
Popular Today
- Credit Suisse Nazi Probe Reveals Fresh SS Ties, Senator Says
- NHTSA Expands Probe into 1.3M Ford F-150 Pickups Over Transmission Issues
- Canceled FEMA Review Council Vote Leaves Flood Insurance Reforms in Limbo
- Lawsuit Claims Meta Can See WhatsApp Chats in Breach of Privacy
Popular This Month