EX-21 5 c35889_ex21.txt
Exhibit 21 CORPORATE STRUCTURE - As of December 31, 2004 ------------------------------------------------------------------------------------------------------------------------------- JURISDICTION ------------------------------------------------------------------------------------------------------------------------------- XL CAPITAL LTD Cayman ------------------------------------------------------------------------------------------------------------------------------- EXEL HOLDINGS LIMITED Cayman ------------------------------------------------------------------------------------------------------------------------- EXEL Acquisition Ltd. Cayman -------------------------------------------------------------------------------------------------------------------- GCR Holdings Limited (IN LIQUIDATION) Cayman -------------------------------------------------------------------------------------------------------------------- Reeve Court Holdings Ltd Bermuda -------------------------------------------------------------------------------------------------------------------- X.L. Property Holdings Limited Bermuda -------------------------------------------------------------------------------------------------------------------- XL Insurance (Bermuda) Ltd Bermuda -------------------------------------------------------------------------------------------------------------------- XL Weather & Energy Ltd (FORMERLY ELEMENT REINSURANCE LTD) Bermuda --------------------------------------------------------------------------------------------------------------- InQuisCapital Holdings (Bermuda) Limited Bermuda --------------------------------------------------------------------------------------------------------------- InQuisLogic (Bermuda) Limited Bermuda ----------------------------------------------------------------------------------------------------------- RiskConnect Limited Bermuda --------------------------------------------------------------------------------------------------------------- Sovereign Risk Insurance Ltd. 50 Bermuda --------------------------------------------------------------------------------------------------------------- XL International (Bermuda) Ltd (FORMERLY XL WINTERTHUR INTERNATIONAL (BERMUDA) LTD) 91 Bermuda --------------------------------------------------------------------------------------------------------------- XL International Services Ltd (FORMERLY XL WINTERTHUR INTERNATIONAL SERVICES LTD) Bermuda --------------------------------------------------------------------------------------------------------------- International Insurance Consulting Services Limited Bermuda --------------------------------------------------------------------------------------------------------------- XL (Brazil) Holdings Ltda (FORMERLY WINTERTHUR ADMINISTRACAO E PARTICIPACOES LTDA) Brazil --------------------------------------------------------------------------------------------------------------- XL Insurance (Brazil) Seguradora S/A (FORMERLY WINTERTHUR INTERNATIONAL BRASIL SEGURADORA S/A) Brazil --------------------------------------------------------------------------------------------------------------- XL Capital Products Ltd Bermuda --------------------------------------------------------------------------------------------------------------- XL Financial Assurance Ltd. 87 Bermuda --------------------------------------------------------------------------------------------------------------- XL Financial Solutions Ltd Bermuda --------------------------------------------------------------------------------------------------------------- XL Services (Bermuda) Ltd Bermuda --------------------------------------------------------------------------------------------------------------- XL Life Ltd Bermuda --------------------------------------------------------------------------------------------------------------- Reeve Court General Partner Limited Bermuda ----------------------------------------------------------------------------------------------------------- Reeve Court 4 Limited Partnership Bermuda ------------------------------------------------------------------------------------------------------ Reeve Court 6 Limited Partnership Bermuda --------------------------------------------------------------------------------------------------------------- XL Gracechurch Limited UK --------------------------------------------------------------------------------------------------------------- XL Insurance (UK) Holdings Limited (formerly XL Winterthur (UK) Holdings Limited) 42.33 UK --------------------------------------------------------------------------------------------------------------- X.L. Holdings Barbados Ltd. Barbados --------------------------------------------------------------------------------------------------------------- X.L. America, Inc. (*) Delaware ----------------------------------------------------------------------------------------------------------- XL Capital Investment Partners Inc. Delaware ------------------------------------------------------------------------------------------------------ Brockbank Insurance Services, Inc. California ------------------------------------------------------------------------------------------------------ XLCA Admin LLC New York ------------------------------------------------------------------------------------------------------ XLCDS LLC New York ------------------------------------------------------------------------------------------------------ XL Weather & Energy Advisors Inc. (FORMERLY ELEMENT RE ADVISORS INC.) Delaware ------------------------------------------------------------------------------------------------------ XL Weather & Energy Inc. (FORMERLY ELEMENT RE CAPITAL PRODUCTS INC.) Delaware ------------------------------------------------------------------------------------------------------ XLA Garrison L.P. Delaware ------------------------------------------------------------------------------------------------------ Global Credit Analytics, Inc. Delaware ------------------------------------------------------------------------------------------------------ NAC Re Corporation Delaware ------------------------------------------------------------------------------------------------------ XL Reinsurance America Inc. *(A-65%) - NY New York ------------------------------------------------------------------------------------------------- XL Financial Solutions, LLC Delaware -------------------------------------------------------------------------------------------- Greenwich Insurance Company *(A-12%) Delaware -------------------------------------------------------------------------------------------- Warranty Support Services LLC Delaware --------------------------------------------------------------------------------------- XL Insurance America, Inc. *(A-10%)(FORMERLY WINTERTHUR INTERNATIONAL AMERICA INSURANCE COMPANY) Delaware --------------------------------------------------------------------------------------- XL Select Insurance Company *(A-2%)(FORMERLY WINTERTHUR INTERNATIONAL AMERICA UNDERWRITERS INSURANCE CO.) Oklahoma ---------------------------------------------------------------------------------- Winterthur International Services of America Inc. Wisconsin ---------------------------------------------------------------------------------- XL Insurance Company of New York, Inc. (A-3%) New York -------------------------------------------------------------------------------------------- Intercargo Corporation Delaware -------------------------------------------------------------------------------------------- XL Specialty Insurance Company *(A-6%) Delaware --------------------------------------------------------------------------------------- Intercargo Insurance Company H.K. Ltd. Hong Kong ---------------------------------------------------------------------------------- Indian Harbor Insurance Company *(A-2%) North Dakota ---------------------------------------------------------------------------------- XL Management Services, LLC Texas ---------------------------------------------------------------------------------- XL Lloyds Insurance Company Texas ---------------------------------------------------------------------------------- ECS, Inc. (In Liquidation) Pennsylvania ---------------------------------------------------------------------------------- ECS Child Care Center, Inc. Pennsylvania ----------------------------------------------------------------------------- ECS Risk & Insurance Services, Inc. Barbados ----------------------------------------------------------------------------- XL Environmental Ltd UK -------------------------------------------------------------------------------------------- NAC Re Financial Services, Inc. Delaware -------------------------------------------------------------------------------------------- NAC Re Investment Holdings, Inc. Delaware -------------------------------------------------------------------------------------------- XL Capital Assurance Inc. New York -------------------------------------------------------------------------------------------- XL Capital Assurance (U.K.) Limited UK ------------------------------------------------------------------------------------------------------ 37 Lambert Road LLC Delaware ------------------------------------------------------------------------------------------------------ XL Financial Administrative Services, Inc. Delaware ------------------------------------------------------------------------------------------------------ XL Portfolio Advisors Inc. Delaware ------------------------------------------------------------------------------------------------------ XL Global, Inc. Delaware ------------------------------------------------------------------------------------------------------ XL Insurance, Inc. Delaware ------------------------------------------------------------------------------------------------------ XL Global Services, Inc. Delaware ------------------------------------------------------------------------------------------------------ XL Investment Management (USA) LLC Delaware ------------------------------------------------------------------------------------------------- Eagleview Insurance Brokerage Services, LLC Delaware ------------------------------------------------------------------------------------------------------ XL Life and Annuity Holding Company Delaware ------------------------------------------------------------------------------------------------------ XL Life Insurance and Annuity Company (FORMERLY LYNDON LIFE INSURANCE COMPANY) Illinois ------------------------------------------------------------------------------------------------- XL Asset Funding Company I LLC Delaware ------------------------------------------------------------------------------------------------- XL Life and Annuity (Bermuda) Ltd Bermuda --------------------------------------------------------------------------------------------------------------- XL INVESTMENTS LTD Bermuda --------------------------------------------------------------------------------------------------------------- First Cumberland Bank, Inc. (IN LIQUIDATION) Barbados ----------------------------------------------------------------------------------------------------------- Garrison Investments Inc. (**) Barbados ----------------------------------------------------------------------------------------------------------- InQuisLogic Ltd. Barbados ----------------------------------------------------------------------------------------------------------- InQuisLogic Inc. Delaware ----------------------------------------------------------------------------------------------------------- Kensington Investments Inc. Barbados ----------------------------------------------------------------------------------------------------------- XLB Partners Inc. Barbados ------------------------------------------------------------------------------------------------------ Cumberland Holdings, Inc. Delaware ------------------------------------------------------------------------------------------------------ Cumberland California, Inc. Delaware ------------------------------------------------------------------------------------------------- Cumberland New York, Inc. Delaware ------------------------------------------------------------------------------------------------- Pareto Asset Management (Ireland) Limited 50 Ireland ----------------------------------------------------------------------------------------------------------- RiskConnect Ltd Barbados ----------------------------------------------------------------------------------------------------------- RiskConnect Inc. Delaware ----------------------------------------------------------------------------------------------------------- X.L. Investment Private Trustee Ltd. Bermuda ----------------------------------------------------------------------------------------------------------- X.L. Investments (Barbados) Inc. Barbados ------------------------------------------------------------------------------------------------------ Cybersettle, Inc. 56 Delaware ------------------------------------------------------------------------------------------------- Cybersettle Insurance Brokerage Services LLC Delaware -------------------------------------------------------------------------------------------- Cybersettle Financial Services LLC Delaware -------------------------------------------------------------------------------------------- InsuranceNoodle, Inc. ------------------------------------------------------------------------------------------------- TAM Investment Holdings Inc. Delaware ----------------------------------------------------------------------------------------------------------- ClearWater Opportunity Fund Ltd. Cayman --------------------------------------------------------------------------------------------------------------- XL (LUXEMBOURG) S.A.R.L. Luxembourg --------------------------------------------------------------------------------------------------------------- XL (FINANCE) S.a.r.l. Luxembourg ----------------------------------------------------------------------------------------------------------- XL (INTERNATIONAL) S.a.r.l. Luxembourg ------------------------------------------------------------------------------------------------------ XL (SERVICES) S.a.r.l. Luxembourg ------------------------------------------------------------------------------------------------- XL (SPECIALTY) S.a.r.l. Luxembourg -------------------------------------------------------------------------------------------- XL (WESTERN EUROPE) S.a.r.l. Luxembourg --------------------------------------------------------------------------------------- XL Re Europe (FORMERLY LE MANS RE) France ---------------------------------------------------------------------------------- XL Re Europe Services AG (FORMERLY LE MANS RE DEUTSCHLAND AG) Germany ----------------------------------------------------------------------------- XL Re Europe Management Company Ltd Canada ---------------------------------------------------------------------------------- XL Swiss Holdings Ltd Switzerland ---------------------------------------------------------------------------------- XL Re Latin America Ltd Switzerland ------------------------------------------------------------------------ XL Latin America Investments Ltd Bermuda ------------------------------------------------------------------- XL Re Latin America (Argentina SA) Argentina ------------------------------------------------------------------- XL Re Latin America Servicos Ltda Brazil ------------------------------------------------------------------------ XL Insurance Switzerland (FORMERLY XL WINTERTHUR INTERNATIONAL INSURANCE SWITZERLAND) Switzerland ------------------------------------------------------------------------ Vitodurum Reinsurance Company (FORMERLY XL WINTERTHUR INTERNATIONAL RE) Switzerland ------------------------------------------------------------------------ XL Services Switzerland Switzerland ------------------------------------------------------------------------ XL India Business Services Private Limited India ------------------------------------------------------------------------ XL Insurance Mexico Mexico ---------------------------------------------------------------------------------- XL Insurance (UK) Holdings Limited (FORMERLY XL WINTERTHUR (UK) HOLDINGS LIMITED) 57.67 UK ---------------------------------------------------------------------------------- XL Insurance Company Limited (FORMERLY XL WINTERTHUR INTERNATIONAL INSURANCE COMPANY LIMITED) UK ----------------------------------------------------------------------------- XL Magyarorszag Biztosito Reszvenytarsasag Hungary ------------------------------------------------------------------------ XL Insurance Argentina S.A. Compania de Seguros (formerly Winterthur International Argentina SA Compania de Seguros) Argentina ------------------------------------------------------------------------ XL Holdings (Proprietary) Limited (FORMERLY XL WINTERTHUR HOLDINGS (PROPRIETARY) LIMITED) South Africa ------------------------------------------------------------------------ XL Winterthur Properties (Proprietary) Limited South Africa ------------------------------------------------------------------- XL Insurance Company Limited (FORMERLY XL WINTERTHUR INTERNATIONAL INSURANCE COMPANY LIMITED) South Africa ----------------------------------------------------------------------------- XL Services UK Limited UK --------------------------------------------------------------------------------------------------------------- XL Trading Partners Ltd 90 Bermuda --------------------------------------------------------------------------------------------------------------- XL Europe Holdings Ltd (FORMERLY X.L. TWO LTD.) Bermuda --------------------------------------------------------------------------------------------------------------- XL Treasury Europe Limited R of Ireland ----------------------------------------------------------------------------------------------------------- XL Europe Ltd R of Ireland ----------------------------------------------------------------------------------------------------------- XL Financial Services (Ireland) Ltd R of Ireland ----------------------------------------------------------------------------------------------------------- XL Australia Pty Ltd (IN LIQUIDATION) Australia ------------------------------------------------------------------------------------------------------------------------- MID OCEAN LIMITED Cayman ------------------------------------------------------------------------------------------------------------------------- Mid Ocean Holdings Limited Bermuda -------------------------------------------------------------------------------------------------------------------- Ridgewood Holdings Limited Bermuda --------------------------------------------------------------------------------------------------------------- XL London Market Group plc UK ----------------------------------------------------------------------------------------------------------- Brockbank Holdings Limited UK ------------------------------------------------------------------------------------------------------ Baltusrol Holdings Limited Bermuda ------------------------------------------------------------------------------------------------------ County Down Limited UK ------------------------------------------------------------------------------------------------------ Dornoch Limited UK ------------------------------------------------------------------------------------------------------ Stonebridge Underwriting Limited UK ------------------------------------------------------------------------------------------------------ XL London Market Services Ltd UK ------------------------------------------------------------------------------------------------------ Brockbank Personal Lines Limited - (DORMANT) UK ------------------------------------------------------------------------------------------------- Cassidy Brockbank Limited - (DORMANT) UK ------------------------------------------------------------------------------------------------- Denham Syndicate Management Limited UK ------------------------------------------------------------------------------------------------- Denham Direct Underwriters Ltd UK -------------------------------------------------------------------------------------------- Denham Legal and Professional Risks Ltd UK --------------------------------------------------------------------------------------- Denham Tower Underwriting Agents (PTY) Limited South Africa ------------------------------------------------------------------------------------------------- XL London Market Ltd- Syndicates 588/861/990/1209 UK ------------------------------------------------------------------------------------------------- Brockbank Syndicate Services Limited UK ----------------------------------------------------------------------------------------------------------- XL Capital International Limited UK ----------------------------------------------------------------------------------------------------------- XL Capital Finance (Europe) plc UK ----------------------------------------------------------------------------------------------------------- XL Financial Products Ltd. UK --------------------------------------------------------------------------------------------------------------- XL Re Ltd Bermuda --------------------------------------------------------------------------------------------------------------- ECS Reinsurance Company Inc. Barbados ----------------------------------------------------------------------------------------------------------- Global Capital Underwriting Ltd. UK ----------------------------------------------------------------------------------------------------------- NAC Re International Holdings Ltd UK ----------------------------------------------------------------------------------------------------------- NAC Reinsurance International Limited UK ----------------------------------------------------------------------------------------------------------- XL BCM Limited UK ----------------------------------------------------------------------------------------------------------- XL Mid Ocean Re Limited UK ------------------------------------------------------------------------------------------------------------------------- XL INVESTMENT MANAGEMENT LTD Bermuda ------------------------------------------------------------------------------------------------------------------------- XL CAPITAL PARTNERS CORPORATION Cayman ------------------------------------------------------------------------------------------------------------------------- XL Capital Partners I, L.P. Cayman -------------------------------------------------------------------------------------------------------------------- XL Capital Principal Partners I, L.L.C. 50 Delaware -------------------------------------------------------------------------------------------------------------------- XL Principal Partners I, L.P. Cayman -------------------------------------------------------------------------------------------------------------------- XL Capital Principal Partners I, L.L.C. 50 Delaware -------------------------------------------------------------------------------------------------------------------------------
*A = COMPANY IS A MEMBER OF NAC REINSURANCE, INTERCARGO POOLING AGREEMENT WITH INDIVIDUAL COMPANY POOLING % NOTED (*) - General Parter of XLA Garrison L.P. (**) - Limited Partner of XLA Garrison L.P.