Carrier Management

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XL Group Lost Over $1B in Q3: Hurricanes Harvey, Irma, Maria to Blame

XL Group reported losses exceeding $1 billion for the 2017 third quarter, blaming hurricanes Harvey, Irma and Maria for the results. The net loss of $1.04 billion for Q3 amounted to negative-$4.06 per fully diluted share, compared to $70.6 million in net income, or $0.25 per fully diluted share in the 2016 third quarter....