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HAMILTON, BERMUDA - December 16, 2011

Hamilton, Bermuda – December 16, 2011 - XL Group plc (the “Company”) (NYSE: XL) announced today that the Board of Directors of its wholly-owned subsidiary, XLIT Ltd. (formerly XL Group Ltd.), resolved on December 16, 2011 to pay a dividend of $9.1084 per share on XLIT Ltd.’s Series D Preference Ordinary Shares. The dividend will be paid on January 17, 2012 to all shareholders of record as of January 3, 2012.About XL Group plcXL Group plc, through its subsidiaries, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world. XL is the company clients look to for answers to their most complex risks and to help move their world forward. Its principal offices are located at No.1 Hatch Street Upper, 4th Floor, Dublin 2, Ireland. To learn more, visit www.xlgroup.com
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