8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): May 12, 2010

XL Capital Ltd
__________________________________________
(Exact name of registrant as specified in its charter)

Cayman Islands	1-10804	98-0191089
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
XL House, One Bermudiana Road, Hamilton, Bermuda		HM08
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: (441) 292-8515

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

On May 12, 2010 XL Capital Ltd issued the press release attached as Exhibit 99.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. The following exhibits are filed herewith:

Exhibit 99.1 Press Release ("XL CAPITAL LTD ANNOUNCES THAT IT WILL REMAIN IN S&P 500 INDEX FOLLOWING REDOMESTICATION") dated May 12, 2010.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	XL Capital Ltd
May 12, 2010	By:	/s/ Kirstin R. Gould
		Name: Kirstin R. Gould
		Title: General Counsel and Secretary

Exhibit Index

Exhibit No.	Description
99.1	XL CAPITAL LTD ANNOUNCES THAT IT WILL REMAIN IN S&P 500 INDEX FOLLOWING REDOMESTICATION

EX-99.1

XL Capital Ltd

XL House
One Bermudiana Road
Hamilton HM 08
Bermuda

Phone (441) 292-8515
Fax (441) 292-5280

Press Release

Contact: David Radulski
Investor Relations
(441) 294-7460 Carol Parker Trott
Media Relations
(441) 294-7290

XL CAPITAL LTD ANNOUNCES THAT IT WILL REMAIN IN S&P 500 INDEX FOLLOWING REDOMESTICATION

Hamilton, Bermuda – May 12, 2010 – XL Capital Ltd (“XL” or the “Company”) (NYSE: XL) announced today that it will remain in Standard and Poor’s (“S&P”) 500 index following redomestication of the parent holding company from the Cayman Islands to Ireland.

On May 11, 2010, S&P announced an update to the S&P U.S. Indices methodology document regarding domicile criteria for inclusion in the S&P U.S. index family, including the S&P 500. S&P has since publicly stated, based on this updated criteria, that XL will remain in the S&P 500 index following the redomestication of the parent holding company to Ireland. S&P has the right to remove any issuer, including the Company, from the S&P 500 index at any time.

XL Capital Ltd, 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. More information about XL Capital Ltd is available at www.xlcapital.com.