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(From Reinsurance)
XL Capital has reported a net loss of $821.9m for the quarter ended 31 December 2005, compared with net income of $288m for the same period of 2004.
Net loss for the quarter ended 31 December 2005 included net losses of $834.2m, pre- and post-tax, associated with the Winterthur International independent actuarial decision.
The quarter ended 31 December 2005 also included pre-tax net losses from Hurricane Wilma of $247.1m and additional pre-tax net losses of $210.8m related to the 2005 third-quarter natural catastrophes. These additional net losses ...