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XL Group's CEO Discusses Q2 2012 Results - Earnings Call Transcript

XL Group plc (XL)

Q2 2012 Earnings Call

August 7, 2012 5:00 pm ET


David R. Radulski – Investor Relations

Michael S. McGavick – Chief Executive Officer

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

Gregory S. Hendrick – Executive Vice President and Chief Executive Officer - Insurance Operations

James H. Veghte – Executive Vice President and Chief Executive Officer - XL Group's Reinsurance Operations


Jay Gelb – Barclays Capital

Matthew Heimermann – JPMorgan

Jay Cohen – Bank of America/Merrill Lynch

Michael Zaremski – Credit Suisse

Joshua Shanker – Deutsche Bank

Josh Stirling – Sanford Bernstein

Robert Glasspiegel – Langen McAlenney

Vinay Misquith – Evercore Partners

Michael Nannizzi – Goldman Sachs

Meyer Shields – Stifel Nicolaus

Randy Binner – FBR Capital Markets

Ian Gutterman – Adage Capital Management, L.P.



Good afternoon. My name is Shirley, and I will be your conference operator today. At this time, I would like to welcome everyone to the XL Group plc Second Quarter 2012 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. Please be advised that 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 second quarter 2012 earnings conference call. This call is being simultaneously webcast on XL's website at We've posted to our website several documents, including our quarterly financial supplement.

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