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CORRECT (4/4): XL Group Estimates Japan Losses At $190 Million To $290 Million

("XL Group Estimates Japan Losses At $190 Mln To $200 Mln," published April 4 at 5:55 p.m. Eastern time, gave the incorrect amount for the loss range in the headline. A correct version follows.) DOW JONES NEWSWIRES XL Group PLC (XL) said its preliminary estimate for losses related to the earthquake and tsunami in Japan would range from about $190 million to $290 million. The property-and-casualty insurer said about 70% of the loss estimate, net of reinsurance and reinstatement premiums, would be attributable to its reinsurance segment. The company noted that the estimate's range is wide because of "continued uncertainty regarding the event, including whether coverage levels will be reached under certain policies." Earlier this month, the company also said it could see $70 million to $85 million in losses stemming from a New Zealand earthquake in February. XL has benefited from smaller investment losses in recent quarters. It said in February that it swung to a fiscal fourth-quarter profit as investment losses plunged and premiums earned at its core business rose. Shares were down 0.2% at $24.96 in after-hours trading. As of the close of trading Monday, the stock had risen 31% in the past year. -By Nathan Becker, Dow Jones Newswires; 212-416-2855; nathan.becker@dowjones.com

Stock News for Xl Capital (XL)
DateTimeHeadline
04/16/201511:00:00XL Group Introduces Simplified Environmental Excess Policy Form
04/09/201522:24:47Reinsurance M&A Generally Positive, But Won't Solve Issues: Moody's
04/09/201509:43:34XL Group catches upgrade
04/08/201517:15:00XL Group plc to Release First Quarter 2015 Results on Wednesday...
04/08/201517:14:48Current Report Filing (8-k)
04/02/201519:22:55Statement of Changes in Beneficial Ownership (4)
04/02/201519:21:09Statement of Changes in Beneficial Ownership (4)
04/02/201519:14:46Statement of Changes in Beneficial Ownership (4)
04/02/201519:12:37Statement of Changes in Beneficial Ownership (4)
04/02/201519:11:07Statement of Changes in Beneficial Ownership (4)
04/02/201519:09:16Statement of Changes in Beneficial Ownership (4)
04/02/201519:07:16Statement of Changes in Beneficial Ownership (4)
04/01/201517:16:00XL Group Creates New Venture Capital Initiative: XL Innovate
04/01/201516:46:03Current Report Filing (8-k)
03/30/201518:33:30ModernGraham Annual Valuation Of XL Group
03/30/201517:15:19Securities Registration (section 12(b)) (8-a12b)
03/30/201517:13:09Current Report Filing (8-k)
03/26/201506:02:16Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
03/25/201512:00:00XL Group and Red Angle Team Up To Boost Contractors' Risk Management...
03/25/201506:02:04Free Writing Prospectus - Filing Under Securities Act Rules 163/433...

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