New Leadership Team to Direct XL Insurance Global Marine & Offshore Energy Unit

HAMILTON, BERMUDA - December 06, 2005

LONDON, ENGLAND December 6, 2005 - Clive Tobin, Chief Executive responsible for XL Capital Ltd's ("XL") insurance operations ("XL Insurance"), today announced the appointment of a new leadership team to guide the growth of the XL Insurance Global Marine and Offshore Energy (M&OE) unit, part of XL's Specialty Insurance operations which are headed by David Duclos.Jeff Kaufmann has been appointed head of M&OE US operations in New York while Colin Sprott will oversee M&OE International operations from London.Mr. Tobin said: "With their industry experience and underwriting knowledge, Jeff and Colin form a strong global management team. Both have dedicated their careers to providing insurance coverages for the marine and energy industries. Their long-term commitment to the industry and collective experience is a clear advantage when addressing complex marine and energy risks."Mr. Duclos, Chief Underwriting Officer of XL's Specialty Insurance operations, said: "Working in tandem, Jeff and Colin will continue to integrate XL Insurance global marine capabilities with our other product lines to help address all of our clients' risk management needs. They will continue to manage our multiple underwriting platforms, providing coverages both from Lloyd's and on our company paper."A former merchant marine, Mr. Kaufmann joined XL Insurance in 2000 from Reliance National Insurance Company's Marine division. Mr. Sprott's career includes his tenure on AIG's Marine Underwriting team before he joined XL London Market (XLLM) in 1999 as Deputy Class Underwriter for Marine and Energy Liabilities.With operations in New York; London; Neuchatel, Switzerland; Cologne, Germany; and Paris, the XL Insurance Marine & Offshore Energy unit provides insurance for clients with special coverage needs for their marine or offshore energy exposures. Products include cargo, primary marine liabilities, excess marine liabilities, offshore energy, bluewater hull and brownwater hull."XL Insurance" is the brand name used by XL Capital Ltd's global insurance operations. XL Capital Ltd, through its operating subsidiaries, is a leading provider of insurance and reinsurance coverages and financial products to industrial, commercial and professional service firms, insurance companies and other enterprises on a worldwide basis. For more information on the XL Capital Group of companies, visit www.xlgroup.com