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Commercial

XL Capital announces hurricane losses

XL Capital has announced that, based on initial loss reports and preliminary estimates, it expects to receive net claims arising from Hurricanes Frances and Ivan of approximately $70m and $150m, respectively.

Axa manager wins award

James Barwel, a 27-year-old strategic business development manager with Axa Insurance is the winner of the inaugural Young Insurance Professional of the Year Award, sponsored by the Sheikh Abdullah Foundation.

CII debate highlights industry split on offshoring

Offshoring and staff qualifiations dominated a lively interactive debate at today 's UK Insurance and Financial Services Conference with sharp divisions emerging among senior industry figures about the merits of offshoring insurance company functions.

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