This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

XL Group Plc's CEO Discusses Q4 2011 Results - Earnings Call Transcript

XL Group plc (XL)

Q4 2011 Earnings Call

February 09, 2012 5:00 pm ET


David R. Radulski - Senior Vice President and Director of Investor Relations

Michael S. McGavick - Chief Executive Officer and Director

Peter R. Porrino - Chief Financial Officer and Executive Vice President

Gregory S. Hendrick - Chief Executive of Insurance Segment

James Veghte - Chief Executive of Reinsurance Operations and Executive Vice President

Unknown Executive -

Susan L. Cross - Global Chief Actuary and Executive Vice President

Sarah Elizabeth Street - Chief Investment Officer and Executive Vice President


Unknown Analyst

Keith F. Walsh - Citigroup Inc, Research Division

Jay Gelb - Barclays Capital, Research Division

Matthew G. Heimermann - JP Morgan Chase & Co, Research Division

Michael Nannizzi - Goldman Sachs Group Inc., Research Division

Jay A. Cohen - BofA Merrill Lynch, Research Division

Brian Meredith - UBS Investment Bank, Research Division

Randy Binner - FBR Capital Markets & Co., Research Division

Vinay Misquith - Evercore Partners Inc., Research Division

Michael Zaremski - Crédit Suisse AG, Research Division

Meyer Shields - Stifel, Nicolaus & Co., Inc., Research Division

Josh Stirling - Sanford C. Bernstein & Co., LLC., Research Division



Good afternoon. My name is Shirley, and I'll be your conference operator today. At this time, I would like to welcome everyone to XL Group plc Fourth Quarter and Full Year 2011 Earnings Call. [Operator Instructions] Please be advised, this conference is being recorded. I would now like to turn the call over to David Radulski, XL's Director of Investor Relations. Please go ahead.

David R. Radulski

Thank you, Shirley, and welcome to XL group's fourth quarter 2011 earnings conference call. This call is being simultaneously webcast on XL's website at We posted to our website several documents, including our quarterly financial supplement. On our call today, Mike McGavick, XL Group's CEO, will offer opening remarks. Peter Porrino, XL's Chief Financial Officer, will review our financial results; followed by Greg Hendrick, our Chief Executive of Insurance Operations; and Jamie Veghte, our Chief Executive of Reinsurance Operations, who will review their segment results and market conditions. Then we'll open it up for questions.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,834.20 +22.01 0.12%
S&P 500 2,092.20 +3.06 0.15%
NASDAQ 5,120.9660 +18.1580 0.36%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs