New Appointments, Financial Results, Upcoming Earnings Releases and Investors Conferences Schedules - Research Report on XL Group, Chubb, MGIC, Arch Capital, and Medical Properties Trust
NEW YORK, October 31, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting XL Group plc (NYSE: XL), The Chubb Corporation (NYSE: CB), MGIC Investment Corp. (NYSE: MTG), Arch Capital Group Ltd. (NASDAQ: ACGL) and Medical Properties Trust Inc. (NYSE: MPW). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
XL Group plc Research Report
On October 28, 2013, XL Group plc's (XL Group) reinsurance operations announced that it has appointed Pamela Ross as Vice President, Property Facultative. The Company informed that Ms. Ross will be responsible for the management of XL Group's Property Facultative Reinsurance business in Asia and Australasia. According to the Company, she will work under Alexander Galea, Senior Vice President and Manager of XL Group's International Property Facultative operations. David Watson, International Business Group Leader and President and CEO of XL Re Europe Plc, commented, "Pamela's appointment marks a significant development for our Property Facultative business and is an important component in our strategy to increase our geographical footprint. We are committed to providing brokers and cedents with first class service and having a Property Facultative team based in Asia is an investment in delivering on that commitment." Watson added, "Pamela's experience of working with large, multinational clients as well as UK clients with multinational exposures, combined with her excellent market contacts, equips her well for this new role." The Full Research Report on XL Group plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/5a4e_XL]
The Chubb Corporation Research Report
On October 24, 2013, The Chubb Corporation (Chubb) announced that John D. Finnegan, Chubb's Chairman, President and CEO, will remain in his current roles until end of 2016. James M. Zimmerman, Chubb's Lead Director, commented, "The Board's decision was based on its high level of satisfaction with Chubb's overall performance since John Finnegan became CEO in December 2002. Under John's leadership, the Company has achieved consistently strong operating earnings notwithstanding unusually high catastrophe losses and, in more recent years, unprecedented low interest rates. In addition to Chubb's strong financial performance with John at Chubb's helm over the last ten-plus years. Chubb also has enhanced its position as an employer of choice, has been recognized by national organizations for its sustained commitment to diversity, and has maintained its reputation for excellence in underwriting and claims service." The Full Research Report on The Chubb Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/b8c6_CB]
MGIC Investment Corp. Research Report
On October 24, 2013, MGIC Investment Corp. (MGIC) announced that it has appointed Cassandra C. Carr and Gary A. (Skip) Poliner to the Company's Board of Directors. MGIC informed that both the newly appointed directors will be members of the Audit Committee and Securities Investment Committee. Commenting on the appointments, Curt Culver, MGIC Investment's Chairman and CEO, said, "Their diverse business and management backgrounds will bring an important perspective to MGIC as we consider the opportunities in our market." According to MGIC, Ms. Carr is currently a consultant and was the Global Vice Chair of Talent at Hill+Knowlton Strategies before leaving in 2012, while Gary A. Poliner served as President of Northwestern Mutual Life Insurance Company, and as a member of its Board of Trustees, till his retirement in June 2013. Full Research Report on MGIC Investment Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/01cc_MTG]
Arch Capital Group Ltd. Research Report
On October 28, 2013, Arch Capital Group Ltd. (Arch) reported its Q3 2013 financial results, with total revenue of $861.1 million, down 4.8 % YoY. Net income available to common shareholders was $109.3 million, or $0.80 per diluted share, compared to $184.2 million, or $1.33 per diluted share, for Q3 2012. The after-tax operating income available to common shareholders stood at $149.2 million, or $1.10 per diluted share, compared to $120.2 million, or $0.87 per diluted share, for Q3 2012. The Company stated that its after-tax operating income available to common shareholders represented an annualized return on average common equity of 11.9% for Q3 2013, compared to 9.9% for Q3 2012. Arch added that the net income available to common shareholders translates to an annualized return on average common equity of 8.7% for Q3 2013, compared to 15.2% for Q3 2012. The Full Research Report on Arch Capital Group Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/7a55_ACGL]
Medical Properties Trust Inc. Research Report
On October 28, 2013, Medical Properties Trust Inc. (MPT) announced that it will report its Q3 2013 financial results in a press release on Tuesday, November 5, 2013 before the market opens. MPT informed that on the same day it will hold a conference call to review the Company's financial results, along with a webcast at 11:00 a.m. ET. The Company stated that interested parties can access a live webcast of the call via the Investor Relations section of the Company's website, where a replay of the call will also be available through November 19, 2013. The Full Research Report on Medical Properties Trust Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/b890_MPW]
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