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XL Capital Ltd To Present At The Lehman Brothers Global Reinsurance Briefing On December 2, 2004

HAMILTON, BERMUDA (November 24, 2004) - XL Capital Ltd (NYSE: XL) announced today that Mr. Henry Keeling, Chief Executive Officer of Reinsurance Operations of XL Capital Ltd, is scheduled to present at the Lehman Brothers Global Reinsurance Briefing at Lehman Brothers Global Headquarters in New York City on December 2, 2004 from 2:30pm to 3:15 pm. EST.
A live webcast of Mr. Keelings's presentation will be available at http://customer.nvglb.com/LEHM002/121004b_rk/default.asp?entity=XLCapital. A replay of the presentation and accompanying slides will be available on the Investor Information section of www.xlgroup.com following the live broadcast and will be archived for approximately 30 days.
XL Capital Ltd, 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, 2004, XL Capital Ltd had consolidated assets of approximately $46.8 billion and consolidated shareholders' equity of approximately $7.4 billion. More information about XL Capital Ltd is available at www.xlgroup.com.

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