XL Financial Assurance (XLFA) and XL Capital Assurance Inc. (XLCA), respectively the financial guarantee reinsurance and financial guarantee subsidiaries of XL Capital Ltd., received “AAA” ratings from both S&P and Fitch. Based in Bermuda, XLFA will offer “AAA” reinsurance capacity to monoline and multiline insurers. XLCA, domiciled in New York, is a monoline financial guarantee insurer, currently licensed in 10 U.S. states and Singapore.
Was this article valuable?
Here are more articles you may enjoy.
Q2 Net Income at Travelers Soars 46% on Less Catastrophes, Favorable Reserves 
London Broker Howden Plots Giant Capital Raise on IPO Path 
Walmart Removes Four Taylor Farms Salads as Recalls Spread 
Two Years in, Ortiz Steps Down as CEO of Florida Re From This Issue
