Want to join the conversation?
$XL's combined ratio of its property and casualty insurance and reinsurance operations grew by 5.2 points to 95.3% in 3Q15 from 3Q14. The increase was result of higher underwriting expense ratio on rise in commissions expense in both segments as result of Catlin Acquisition, and losses in Reinsurance segment on Tianjin port explosion.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.