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XL Group (FRA:XLF) Allowance For Loans And Lease Losses


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What is XL Group Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


XL Group (FRA:XLF) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » XL Group Ltd (FRA:XLF) » Definitions » Allowance For Loans And Lease Losses
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With more than $10 billion of equity, XL is a significant player in the global insurance market. XL Insurance offers commercial and specialty insurance for risks, including satellites and horses. XL Re reinsures catastrophe, marine, and other risks. XL Financial guarantees investment contracts, designs structured weather-risk reinsurance products, and provides other specialty risk-management services, but XL is exiting some of these areas following recent stumbles.