HAMILTON, Bermuda, Oct. 7, 2016 /PRNewswire/ -- XL Group Ltd
("XL" or the "Company") (NYSE: XL) announced today that it intends
to release its Third Quarter 2016 results after the close of
regular stock market trading hours on Wednesday, October 26, 2016. A conference call to
discuss the Company's results will be held at 5:00 p.m. Eastern Time on October 26, 2016.
The Company also noted today that, based on preliminary results
reported to XL from the underlying investments for the three months
ended September 30, 2016, equity in
net income from investment and operating affiliates is estimated to
be approximately $24 million. For purposes of XL's quarterly
and annual reports, the Company generally records its results from
hedge fund affiliates on a one-month lag and its results from
private investment fund affiliates and operating affiliates on a
three-month lag.
The Company's conference call can be accessed through a
listen-only dial-in number or through a live webcast. To listen to
the conference call, please dial (210) 795-0624 or (866) 617-1526:
Passcode: "XL GLOBAL". The webcast will be available at
www.xlgroup.com and will be archived on the website from
approximately 9:00 p.m. Eastern Time
on October 26, 2016, until
approximately midnight Eastern Time
on November 26, 2016. A telephone
replay of the conference call will also be available beginning at
approximately 9:00 p.m. Eastern Time
on October 26, 2016, until
approximately midnight Eastern Time
on November 26, 2016, by dialing
(203) 369-1085 or (866) 442-2153. The following passcode will be
required: 9251.
About XL Group Ltd
XL Group Ltd (NYSE:XL), through its subsidiaries and under the
XL Catlin brand, is a global insurance and reinsurance company
providing property, casualty and specialty products to industrial,
commercial and professional firms, insurance companies and other
enterprises throughout the world. Clients look to XL Catlin
for answers to their most complex risks and to help move their
world forward. To learn more, visit www.xlgroup.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995
("PSLRA") provides a "safe harbor" for forward-looking statements.
Statements that include the words "expect," "estimate," "intend,"
"plan," "believe," "project," "anticipate," "may," "could," or
"would" and similar statements of a future or forward-looking
nature identify forward-looking statements for purposes of the
PSLRA or otherwise. This press contains forward-looking
statements that reflect our current views with respect to
performance of our investment and operating affiliates. Due
to the preliminary nature of results reported to XL to date, our
estimates our subject to change.
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SOURCE XL Group Ltd