XL Group Ltd Announces Fourth Quarter & Full Year 2017 Results

Hamilton, Bermuda – 2 February 2018 – In a filing with the Bermuda Stock Exchange on 1 February 2018, XL Group Ltd (Ticker: XL.BH) announces Fourth Quarter & Full Year 2017 Results.

Commenting on the Company’s performance, XL’s Chief Executive Officer Mike McGavick said:

"XL’s fourth quarter and full year 2017 results were impacted by the severe natural catastrophes in the year. At the same
time, we feel positive about where we are going due to some important factors including: our solid capital position, our
progress made in our 2017 ex-catastrophe underlying results, the strength of our market relevance as demonstrated by our
8 percent growth in gross written premiums year-over-year, and that we are seeing early signs of a return to realistic and
sustainable rate. Additionally, with the benefit of learnings from our 2017 catastrophe experience and seeing the early way
in which the rate environment is reacting following the 2017 events, we have already made a series of adjustments to
optimize the balance of risk and return, meaningfully enhancing our catastrophe exposure profile while keeping us a leading
player in these businesses.  We expect to make further adjustments as the market environment unfolds.

Throughout 2017 and clearly into 2018 we have shown that XL Catlin continues to be a market leader in customer
satisfaction and innovation, earning, for the second straight year, Highest in Customer Satisfaction among large commercial
insurers from J.D. Power, the top spot in the Gracechurch survey of the London Market, and first place in Advisen’s
innovation index, among numerous other external recognitions. All of this taken together, as we look at our industry, we feel
well positioned for what comes next.”


To view the full filing please visit:

www.bsx.com/CompanyDocuments/1099938543/XL%20Group%20Fourth%20Quarter%20_%20Full%20Year%202017%20Results%20Press%20Release.pdf