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XL Insurance Appoints Frank Oleskiewicz to Launch Inland Marine Business in US and Canada

 — NEW YORK, November 17, 2009 -- XL Insurance, XL Capital Ltd’s global insurance operations, today announced the appointment of Frank Oleskiewicz as Vice President and Senior Underwriter -- Inland Marine in its Marine & Offshore Energy (MOE) unit in New York. Mr. Oleskiewicz reports to Christopher Smith, XL Insurance’s Chief Marine and Offshore Energy Underwriter in North America, and will be responsible for developing XL Insurance’s inland marine business including such coverages as goods-in-transit and builders risk.

Commenting on the appointment, Mr. Smith said: “Adding Frank’s 30 plus years of inland marine experience to our team only reinforces XL Insurance’s commitment to providing top-quality products, expertise and service to the marine industry. Frank’s industry insight and track record will undoubtedly prove very beneficial for XL Insurance as we execute our growth plans in the inland marine market. I am also confident that our clients will find Frank to be a valuable resource in addressing their risk management concerns.”

Mr. Oleskiewicz joins XL Insurance from Catlin Insurance where, as Director of Inland Marine, he started Catlin’s inland marine product line from the ground up. Prior to his tenure at Catlin, Mr. Oleskiewicz was Vice President, Global Property Facultative for General Reinsurance from 1993 to early 2007. His insurance career also includes many senior level underwriting and management positions with American Home Assurance Company, Royal Insurance Company and New Hampshire Insurance Company. He is a graduate of Northeastern University in Boston and holds a Bachelor of Science degree in Finance and Insurance. He is an active member of the Inland Marine Underwriters Association (IMUA), currently serving as the chair of its Transportation committee.

XL Insurance’s MOE underwriting teams in New York and London provide domestic marine coverages or tailored global insurance programs from a comprehensive portfolio of Hull, Cargo, Offshore Energy and Marine Liability insurance.

"XL Insurance" is the global brand used by member insurers of the XL Capital Ltd (NYSE: XL) group of companies. More information about XL Insurance is available at http://www.xlinsurance.com. Through its operating subsidiaries, XL Capital Ltd is a leading provider of global insurance and reinsurance coverage and services to industrial, commercial and professional service firms, insurance companies, and other enterprises on a worldwide basis. More information about XL Capital Ltd is available at www.xlgroup.com.

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