While it never got as much attention as
AIG (NYSE:
AIG),
XL Group (NYSE:
XL)
was also seriously stressed during the global credit crisis and found
itself very much on the brink. New management and a new business plan
has made a great deal of difference, though, and the company looks like
it's back on a believable path. Investors have an interesting dilemma
with this company, though, as the book value and near-term return on
equity path seem to point in different directions as to the company's
fair value.
Please continue here:
http://stocks.investopedia.com/stock-analysis/2012/XL-Group-Seems-To-Be-Back-On-The-Right-Track-XL-AIG-CB-TRV0605.aspx
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