XL Re Posts CEO’s Comments on the Internet

XL Capital Ltd is posting on its Internet site a full transcript of remarks made by Henry C.V. Keeling, Chief Executive of Reinsurance Operations and President and Chief Executive Officer of XL Re Ltd, during a previously announced investment conference call organized by Merrill Lynch & Co.

Mr. Keeling’s comments on pricing and market developments in the year-end 2001 reinsurance renewal season are available at http://www.xlcapital.com.