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XL Group (FRA:XLF) Altman Z2-Score


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What is XL Group Altman Z2-Score?

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Altman Z2-Score 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.