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News - XL Capital denies O'Hara claims.
(From Reinsurance)
XL Capital has denied reports that chief executive Brian O'Hara is under pressure to resign from his position.
The reports included comments by Citigroup analyst Ron Frank, who claimed that Mr O'Hara is facing pressure to leave from both investors and a major rating agency following a number of large acquisitions that have 'turned sour'.
According to Mr Frank, "Mr O'Hara's credibility is in poor shape, not only with investors, but also - judging from its public comments - ...
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