XL Capital Ltd has pumped $100m of additional capital into its financial guaranty insurance unit, XL Capital Assurance Inc (XLCA).

XLCA's qualified statutory capital was $127.8m as of September 30 ...

XL Capital Ltd has pumped $100m of additional capital into its financial guaranty insurance unit, XL Capital Assurance Inc (XLCA).

XLCA's qualified statutory capital was $127.8m as of 30 September, 2003.

XL president and chief executive Brian M O'Hara said: "Our financial guaranty business has grown steadily in its first three years and has reached the stage where it requires additional capital to support further growth. This additional capital is indicative not only of our commitment to the sector but also to XLCA's continued development and its ability to contribute non-correlated earnings to XL."

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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