XL Capital and PartnerRe report Enron losses

By David Marchant

23 years ago

Topics

Keywords

Bermuda Insurance Market Enron Everest Re PartnerRe XL Capital

XL Capital and PartnerRe had at least two things in common in December – they both announced large exposures relating to the collapse of Enron Corp. and they both filed shelf registration statements with the SEC.The registrations will allow them to sell up to $2.1 billion worth of securities, with XL accounting for $1.5 billion of that amount and PartnerRe $600 million.

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