» » XL Group to Sell Life Re Sub for $570 Million; Best Sees No Rating Change

XL Group to Sell Life Re Sub for $570 Million; Best Sees No Rating Change

Posted by Unknown on Friday, May 2, 2014

XL Group plc announced that XL Insurance (Bermuda) Ltd has entered into a definitive agreement to sell its wholly-owned subsidiary, XL Life Reinsurance (SAC) Ltd (XLLR), to GreyCastle Holdings Ltd. for $570 million in cash. The bulletin indicated that on …


The article XL Group to Sell Life Re Sub for $570 Million; Best Sees No Rating Change appeared first on Insurance Journal.




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