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Lynda Clemmons of Element Re named as one of Fast Company Magazine's 'Fast 50 Champions of Innovation

STAMFORD, Conn.--(BUSINESS WIRE)--Feb. 11, 2002--Lynda Clemmons, President and Chief Operating Officer of Element Re Capital Products Inc, an XL Capital Group company and a provider of weather risk management products ("Element Re"), has been named as one of Fast Company magazine's debut list of "Fast 50" innovators - individuals whose achievements helped change their companies or society.
The Fast 50 will appear in the March issue of Fast Company, the magazine for management innovators, hitting newsstands February 19. The list includes 50 exceptional achievers selected from online submissions by Fast Company readers. Profiles of the Fast 50, as well as all reader submissions, may be accessed online at the special Fast 50 Website at www.fastcompany.com/fast50.
"The Fast 50 had the vision to see ways of improving our world - and the persistence to accomplish their goals," said Fast Company co-founder and co-editor William Taylor. "The Fast 50 recognizes 50 individuals who are each courageous in their own way."
The Fast 50 includes executives, activists, marketers, designers, scientists, engineers and other leaders from a variety of backgrounds. Some are solo entrepreneurs and researchers. Others come from a wide range of organizations - from large corporations to non-profit groups.
The Fast 50 were selected by a distinguished panel consisting of astronaut Sally Ride, management guru Tom Peters, noted futurist Watts Wacker, Kevin Roberts, CEO of Saatchi & Saatchi, and Zoe Baird, CEO of the Markle Foundation.
About Fast Company
Founded in 1996 and published monthly, Boston-based Fast Company (www.fastcompany.com) covers ideas, trends and individuals devoted to managing change in today's economy. The magazine was acquired in 2000 by G+J USA, one of America's largest magazine publishers. G+J USA also publishes Inc., Child, Family Circle, Fitness, Homestyle, Parents, Rosie and YM.
About Element Re
Element Re is a provider of innovative risk management products that allow businesses to mitigate their non-catastrophic weather risk. For more information, call (203) 356-3580 or visit www.elementre.com.
Element Re is an indirect subsidiary of XL Capital Ltd (NYSE: XL), which, 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. As of September 30, 2001, XL had consolidated assets of approximately $25.7 billion and consolidated shareholders' equity of approximately $4.8 billion. More information about XL Capital Ltd is available at www.xlgroup.com.

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