XL Group Plc, the insurer led by Chief Executive Officer Mike McGavick, said July hailstorms in Germany and France cost the company about $60-million before tax.
Most of the losses were in the reinsurance segment, Dublin- based XL said today in a statement distributed by PR Newswire.
Copyright 2026 Bloomberg.
Was this article valuable?
Here are more articles you may enjoy.
As AI Laws Proliferate, Liability and Coverage Questions Multiply 
Trading Platform Rocked by Japan Hack, $50 Million Ransom 
Private Jet’s Pilot Reported Turbulence Before Florida Crash 
California Braces for Floods as Atmospheric River Threatens 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.