SOURCE: Street-Wire.Com

November 27, 2012 08:00 ET

Analyst Review on ACE Limited and XL Group - Property and Casualty Insurers Improving

CHICAGO, IL--(Marketwire - Nov 27, 2012) - Today's Free Analyst Review - ACE Limited (NYSE: ACE) and XL Group plc (NYSE: XL)

Property and casualty insurers continue to improve heading into the final five weeks of the year. Better underwriting revenue has been the key factor for most insurers seeing strong results. Low-interest rates are making it difficult to grow net investment income but the industry as a whole is still moving in a positive direction. Street-Wire.com posted free reports on ACE Limited and XL Group, which are available at
http://www.street-wire.com/

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XL Group exemplifies some of the industry's recent success especially in regard to improved underwriting revenues. The insurer saw underwriting profit jump to $114.2 million its third quarter, a marked improvement over the $22.2 million loss incurred in the prior year period. Our financial analysis on XL Group can be accessed at
http://www.street-wire.com/XL27112012.pdf 

ACE Limited also reaped the benefits of a stronger underwriting environment in its third quarter. Results could have been even better if exposure to severe droughts in the U.S. did not lead to increased crop insurance claims. Still, higher premiums and impressive underwriting results put it in a strong position moving forward. ACE Limited financial analysis available for free at
http://www.street-wire.com/ACE27112012.pdf 

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