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OLDWICK, N.J.----A.M. Best Co. has assigned a debt rating of "bbb" to $500 million equity security units of XL Capital Ltd [NYSE: XL]. The rating has
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Safeco Corp.'s profit plunged 20 percent in the second quarter as the insurer collected fewer premium dollars and spent more of the premiums it did c
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OLDWICK, N.J.----A.M. Best Co. has placed the financial strength rating of A and issuer credit ratings of "a" of XL Capital Group and its members und
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In a surprise move to jettison bad assets and clean up its balance sheet, Merrill Lynch late Monday said it is selling $8.5 billion in new stock to h
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XL Capital Ltd. shares tumbled in premarket trading Tuesday, a day after the insurer said it would raise new capital to rid itself of its exposure to
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XL Capital Ltd announced today that it has agreed to sell 125,000,000 ordinary shares pursuant to the Company's shelf registration statement. The Ord
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