XL Capital Ltd To Present At Merrill Lynch Insurance Investor Conference On February 15, 2006

HAMILTON, BERMUDA - February 09, 2006

HAMILTON, BERMUDA - February 9, 2006 - XL Capital Ltd (NYSE: XL) announced today that Mr. Brian M. O'Hara, President and Chief Executive Officer of XL Capital Ltd, is scheduled to present at the Merrill Lynch Insurance Investor Conference at the Millennium Broadway Hotel in New York City on Wednesday, February 15, 2006, at 2:55 pm (EST).A live webcast of Mr. O'Hara's presentation will be available at http://www.veracast.com/webcasts/ML/insurance06/02210104.cfm. A replay of the presentation and accompanying slides will be available on the Investor Relations section of XL's website located at www.xlgroup.com following the live broadcast and will be archived there for approximately 21 days following the presentation.XL Capital Ltd, through its operating subsidiaries, is a leading provider of insurance and reinsurance coverages and financial products and services to industrial, commercial and professional service firms, insurance companies and other enterprises on a worldwide basis. As of December 31, 2005, XL Capital Ltd had consolidated assets of approximately $58.4 billion and consolidated shareholders' equity of approximately $8.5 billion. More information about XL Capital Ltd is available at www.xlgroup.com.