"Over the past few years, through a series of strategic steps, we have made XL Catlin a stronger and more disciplined company focused on our core property & casualty operations. This transaction will remove the vast majority of risk associated with our remaining run-off life exposures and we're pleased to make today's announcement as just one more step taken toward delivering and creating increasing value for clients and shareholders," said
At
About
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about XL's beliefs, plans or expectations, are forward-looking statements. These statements are based on current plans, estimates and expectations, all of which involve risk and uncertainty. Statements that include the words "expect," "intend," "plan," "believe," "project," "anticipate," "may," "look" or similar statements of a future or forward-looking nature identify forward-looking statements. Factors that could cause actual results to differ from those predicted are set forth under "Risk Factors" or "Cautionary Note Regarding Forward-Looking Statements" in XL's Annual Report on Form 10-K for the year ended
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SOURCE
David Radulski, Investor Relations, (203) 964-3470 or Carol Parker Trott, Media Relations, (441) 294-7290