01-08-2017 20:04 via insuranceinsider.com

XL analysts remain bullish despite sell-off

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