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HAMILTON, BERMUDA (June 10, 2005) - XL Capital Ltd (NYSE: XL) announced today that Mr. Brian M. O'Hara, President and Chief Executive Officer of XL Capital Group Ltd, is scheduled to participate in a panel discussion entitled "Insurance Industry Under the Microscope: The CEOs' Perspectives" at the Standard & Poor's 2005 Annual Insurance Conference at The Grand Hyatt in New York on June 13, 2005, at 8:30 a.m. EDT.A live webcast of Mr. O'Hara's panel discussion will be available by logging onto http://www.corporate-ir.net/ireye/confLobby.zhtml?ticker=W132600&item_id=1079817. A replay of the panel discussion will be archived on the Investor Relations section of XL Capital Ltd's website located at www.xlgroup.com for approximately 30 days.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, 2005, XL Capital Ltd had consolidated assets of approximately $50.9 billion and consolidated shareholders' equity of approximately $7.8 billion. More information about XL Capital Ltd is available at www.xlgroup.com.