02-08-2017 12:53 via insuranceinsider.com

Analysts remain bullish on XL despite sell-off

Equity analysts remain bullish on the outlook for XL Group after
its stock dropped 4 percent last week, despite the carrier posting
consensus-beating second quarter results.
The carrier reported Q2 net operating income of $0.96 per share,
while the Wall Street consensus forecast called for $0.88 a
share.
The result was more than double the $0.37 per share recorded in
Q2 2016, but investors punished a deterioration in the accident
year ex-cat loss ratio amid concerns over further top line...
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