PPT Slide
XL is Well Positioned to Capitalize on Hard Markets
- Insurance buyers want quality reinsurance names – XL is a leading provider of insurance and reinsurance coverages and financial products and services (AA/AAA Ratings)
- Many opportunities to solidify and expand client relationships
- Additional leverage to improve policy terms and conditions (e.g. lower policy limits, higher deductibles, exclusions unbundling lines and terms of trade.)
- In November 2001 XL raised $788 million of equity capital and issued $600 million of Senior Notes in January 2002
- Further growth of historically profitable business