Cat losses push XL into £22.3m loss in 2010

Catastrophe losses and reserve strengthening pushed XL Insurance Company into a €25.2m (£22.3m) loss last year.

XL Insurance Company, the UK-registered general insurance arm of Ireland-domiciled (re)insurer XL Group, made a profit before tax in 2009 of €79m.

The company writes internationally and in the UK but does not include XL business written at Lloyd’s.

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