XL Capital Ltd (NYSE: XL) announced recently that it intends to release its Third Quarter 2009 results after the close of regular stock market trading hours on Wednesday, October 28, 2009. A conference call to discuss the Company's results will be held at 5 p.m. Eastern Time on Wednesday, October 28, 2009.
The conference call can be accessed through a listen-only dial-in number or through a live webcast. To listen to the conference call, please dial (866) 617-1526 or (210) 795-0624; Passcode: 'xl global'.
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The webcast will be archived on XL's website from approximately 8:00 p.m. Eastern Time on October 28, 2009, through midnight Eastern Time on November 27, 2009. A telephone replay of the conference call will also be available beginning at 8:00 p.m. Eastern Time on October 28, until midnight Eastern Time on Nov 27, 2009, by dialing (800) 337-5619 or (402) 220-9652. XL Capital Ltd, through its operating subsidiaries, is a leading provider of global insurance and reinsurance coverages to industrial, commercial and professional service firms, insurance companies and other enterprises on a worldwide basis. More information about XL Capital Ltd is available. XL Re the global reinsurance operations of XL Capital Ltd (NYSE: XL), today announced the successful implementation of its single global Reinsurance platform supporting the Association for Cooperative Operations Research and Development (ACORD) based messaging standards. XL Re’s global IT reinsurance platform presents the first opportunity for a London Market reinsurer to operate business using the ACORD messages. It will be used for claims, accounting, cash management and the supporting documentation. Greg Maciag, CEO of ACORD added that; “XL Re has always been on the leading edge of change. Leveraging a single and global reinsurance platform, XL Re continues to make strides in this increasingly electronic marketplace. Being the first to go live with the ACORD claim message standard with Xchanging in the London Market is yet another milestone in what has been a remarkable journey for their team. XL Re exemplifies the true meaning of innovation and vision and are now well positioned to take advantage of eCommerce messaging in any market.” John Masters, Xchanging's UK Technology Director commented: "XL Re is to be congratulated on leading the implementation on ACORD4ALL in the London Market. We have worked closely with XL Re and WebConnectivity, our strategic partner for ACORD messages, on this initiative and I am delighted at the progress that has been made. This illustrates how committed Xchanging and the London Market are to adopting the ACORD international messaging standards." Over the last five years XL Re has reduced the number of reinsurance IT systems, inherited through acquisitions, from 11 to one. Benefits of a single global operating platform include reductions in processing, improved data quality and quicker, more efficient access to information, the project was delivered on schedule and to budget.
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