XL Capital Ltd Announces That It Will Remain in S&P 500 Index Following Redomestication

HAMILTON, Bermuda, May 12 /PRNewswire-FirstCall/ -- XL Capital Ltd ("XL" or the "Company") (NYSE: XL) announced today that it will remain in Standard and Poor's ("S&P") 500 index following redomestication of the parent holding company from the Cayman Islands to Ireland.

On May 11, 2010, S&P announced an update to the S&P U.S. Indices methodology document regarding domicile criteria for inclusion in the S&P U.S. index family, including the S&P 500.  S&P has since publicly stated, based on this updated criteria, that XL will remain in the S&P 500 index following the redomestication of the parent holding company to Ireland. S&P has the right to remove any issuer, including the Company, from the S&P 500 index at any time.

XL Capital Ltd, 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 on a worldwide basis. More information about XL Capital Ltd is available at www.xlcapital.com.

SOURCE XL Capital Ltd