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XL Group's CEO Discusses Q1 2012 Results - Earnings Call Transcript

XL Group (XL)

Q1 2012 Earnings Call

May 08, 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

Stephen Robb - Senior Vice President and Corporate Controller


Keith F. Walsh - Citigroup Inc, Research Division

Jay Gelb - Barclays Capital, Research Division

Michael Nannizzi - Goldman Sachs Group Inc., Research Division

Brian Meredith - UBS Investment Bank, Research Division

Gregory Locraft - Morgan Stanley, Research Division

Vinay Misquith - Evercore Partners Inc., Research Division

Joshua D. Shanker - Deutsche Bank AG, Research Division

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

Doug Mewhirter - RBC Capital Markets, LLC, Research Division

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

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

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



Good afternoon. My name is Shirley and I'll be your conference operator today. At this time, I'd like to welcome everyone to the XL Group plc First Quarter 2012 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

Welcome to XL Group's first quarter 2012 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. Pete 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, will review the segment results and market conditions. Then we'll open up for questions.

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