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For 1Q16, in $XL's Reinsurance segment, reserve releases totaled $32MM compared to $42MM a year ago. The Reinsurance segment produced an accident quarter ex-cat loss ratio of 52.3% compared to 54.7% in 1Q15. Expense ratio increased to 33.8%. Catastrophe losses totaled $17MM net of reinstatement premiums in 1Q16.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.