The new financial supplement reflects comments received from the financial community subsequent to the issue of its original June 30, 2002 financial supplement. Although the information contained in the new financial supplement is essentially the same as previously provided, it has been reformatted for readability. Additionally, new data has been added on balance sheets, loss analysis, and fixed income investments.
The only significant change is in the presentation of underwriting information for the Insurance Segment where the split within the Segment is now shown broken down into "Risk Management" and "Specialty Lines", which is the way the segment is managed.
Risk Management represents general casualty and property business written through XL Winterthur International and the Company's XL Bermuda, Dublin and US operations. Specialty Lines represents specialized commercial insurance products including satellite, marine, environmental and professional liability insurance. This includes the company's Lloyd's syndicates.
XL Capital Ltd's third quarter financial supplement will be provided concurrent with the Company's earnings release currently planned for October 30, 2002.
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 June 30, 2002, XL Capital Ltd had consolidated assets of approximately $31.2 billion and consolidated shareholders' equity of approximately $5.4 billion. More information about XL Capital Ltd is available at www.xlgroup.com.