XL top line shrinking; plans 10% job cull
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XL top line shrinking; plans 10% job cull

16 February 2009
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XL Capital ended its annus horribilis with a net loss of $2.63bn as the Bermudian (re)insurer's CEO Michael McGavick warned of a "meaningful reduction" in gross written premium in 2009 and plans to cut its current workforce by 10...

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