XL Re Appoints Hindle as Ceded Reinsurance and Underwriting Risk Manager

July 9, 2004

Bermuda’s XL Re Ltd., a subsidiary of XL Capital Ltd., announced the appointment of Jeremy Hindle as Ceded Reinsurance and Underwriting Risk Manager, based in London. He is currently Director of Property Underwriting at XL Re Europe in Paris.

Henry Keeling, head of XL’s reinsurance operations, commented: “We are very fortunate to have someone with Jeremy’s experience in this important role that embraces not only our global reinsurance buying, but also has oversight of our internal underwriting risk. Jeremy has developed extensive relationships with customers, brokers and reinsurers. His technical expertise and depth of reinsurance knowledge will be invaluable in this role.”

Hindle began his career with XL’s Reinsurance Operations in Bermuda in 1993 as VP Underwriter International, progressing to Senior VP Underwriter International. He transferred to XL Re Europe in 1999, focusing on European business. Before joining XL’s Reinsurance Operations, he was a Property Treaty underwriter at Swiss Re (UK) Ltd. He holds a Bachelor of Arts degree in European History from University College London.

Commenting on his appointment, Hindle indicated: “Having worked in reinsurance underwriting for more than 20 years, I look forward to contributing to the success of XL Re with a focus now on the buying side, as well as the responsibility of managing XL Re’s internal underwriting risk.”

XL Re is the global brand used for XL Capital Ltd’s reinsurance operations. The XL Re companies have more than 500 employees in 14 countries. More information about the XL Re companies is available at http://www.xlre.com.

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