Thank you for sharing!

Your article was successfully shared with the contacts you provided.

With expected premium declines in the 20-to-25 percent range topping its 2009 budget numbers, XL Capital has announced plans to slash 10 percent of its workforce to keep expenses in line with revenues. With the company listing just over 4,000 employees worldwide, that would translate to about 400 jobs lost.


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.