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XL Group (FRA:XLF) Gross Profit


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What is XL Group Gross Profit?

Gross Profit does not apply to banks and insurance companies.


XL Group (FRA:XLF) Business Description

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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.