XL Group plc Completes Redomestication to Ireland and Name Change

HAMILTON, Bermuda, July 1, 2010 - XL Group plc ("XL" or "the Company") (NYSE: XL) announced today that it
has completed its previously announced redomestication to change the parent
holding company's place of incorporation to Ireland from the Cayman Islands.
In addition, as previously announced, the name of the holding company is "XL
Group plc" as of July 1.

XL will continue to be registered with the U.S. Securities and Exchange
Commission ("SEC") and will be subject to SEC reporting requirements. Shares
of XL will trade on the New York Stock Exchange under the ticker symbol "XL",
the same symbol under which the shares of XL Capital Ltd, the prior parent
company of the XL group, previously traded.

XL Group plc, through its subsidiaries, is a global insurance and
reinsurance company providing property, casualty, and specialty products to
industrial, commercial, and professional firms, insurance companies and other
enterprises on a worldwide basis. Its principal executive offices are located
at No. 1 Hatch Street Upper, 4th Floor, Dublin 2, Ireland. More information
about XL Group plc is available at www.xlgroup.com.

    Contact: David Radulski          Carol Parker Trott
             Investor Relations      Media Relations
             +1-441-294-7460         +1-441-294-7290

David Radulski, Investor Relations, +1-441-294-7460, or Carol Parker Trott, Media Relations, +1-441-294-7290, both of XL Group