XL Group Announces Retirement of David Radulski and Appointment of Abbe Goldstein as Director of Investor Relations

HAMILTON, Bermuda, Dec. 27, 2016

Ms. Goldstein, who will join the Company from Ambac Financial Group, Inc. ("Ambac") in January to ensure a smooth transition, will report to XL's Chief Financial Officer Pete Porrino and will be based in Stamford, Connecticut.

Ms. Goldstein has more than 25 years of experience in investor relations in both the financial services and consumer goods sectors. She is currently Managing Director, Investor Relations and Corporate Communications at Ambac. Prior to joining Ambac, Ms. Goldstein served as Senior Vice President, Investor Relations and Corporate Communications at National Financial Partners, Senior Vice President, Investor Relations and Corporate Communications at Revlon and Associate Director, Investor Relations at Willis Group Holdings. Earlier in her career she held positions with increasing responsibility at Thomson Financial, The Carson Group, Palisade Capital Management, Chemical Bank and J.P. Morgan. 

Commenting on today's announcement, Mr. Porrino said: "During his tenure with XL, David has provided invaluable insight and support in the investor relations area. On behalf of the entire Leadership Team, we wish him all the best as he begins a special chapter of his life.  Meanwhile, we are pleased to welcome Abbe. We look forward to making the most of her expertise as we continually strive to improve our investor communications and demonstrate the value of the Company."

Ms. Goldstein has a Master of Business Administration from New York University's Leonard N. Stern School of Business and a Bachelor of Science from Tufts University in Mechanical Engineering. She is a member of the CFA Institute, the New York Society of Security Analysts and the National Investor Relations Institute Senior Roundtable.

About XL Group Ltd

XL Group Ltd (NYSE:XL), through its subsidiaries and under the XL Catlin brand, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world.  Clients look to XL Catlin for answers to their most complex risks and to help move their world forward.  To learn more, visit www.xlgroup.com.