Reinsurance
Product Family

Hamilton, Bermuda – May 21, 2007 - XL Capital Ltd (“XL” or the “Company”) (NYSE: XL) announced today the speaker list for its Investor Day in New York City on May 24, 2007.The theme of XL’s Investor Day is “The Drive to Deliver Value”. Presentations will be given on XL’s strategy and operations. In addition to XL’s President and Chief Executive Officer Brian M. O’Hara, other executives scheduled to present include:- Chief Operating Officer Henry Keeling- Chief Executive of Insurance Operations Clive Tobin- Chief Executive of Reinsurance General Operations Jamie Veghte- Chief Investment Officer Sarah Street- Chief of Staff and Interim CFO Fiona Luck- Global Chief Actuary Susan CrossChief Executive of Global Business Services Spike Lobdell and other key business leaders will also be in attendance.Analysts and investors attending the event will have the opportunity to participate in question and answer sessions following the presentations.The event’s audio webcast, including question and answer sessions, and presentation materials, will be available on-line live and will be archived on XL’s website at www.xlgroup.com until June 24, 2007. Further information regarding registration is available at XL’s website or by contacting XL Investor Relations at investorinfo@xlgroup.com.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 March 31, 2007, XL Capital Ltd had consolidated assets of approximately $62.1 billion and consolidated shareholders’ equity of approximately $11.3 billion. More information about XL Capital Ltd is available at www.xlgroup.com.