XL Capital posts response to analysts' questions on website

HAMILTON, BERMUDA - July 31, 2002

HAMILTON, BERMUDA, August 1, 2002 - XL Capital Ltd ("XL" or the "Company") (NYSE: XL) today announced that it has posted to its website, www.xlgroup.com, responses to certain questions asked by analysts on its regular quarterly conference call following the announcement of second quarter results on July 31, 2002. The responses can be accessed via the Investor Information page under the Financial Reports section.The supplementary information is being furnished for the convenience of the reader only, and does not purport to be complete. Investors should refer to XL Capital Ltd's Form 10-Q for the quarter ended June 30, 2002 to be filed with the SEC (and XL Capital Ltd's other documents on file with the SEC) for a complete description of XL Capital Ltd.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.