Fiona Luck honored as 2003 Insurance Woman of the Year

Risk & Insurance, July, 2003

XL Capital Ltd (XL) congratulates Fiona Luck for being honored as the 2003 Insurance Woman of the Year by the Association of Professional Insurance Women (APIW).

Fiona was selected as the Insurance Woman of the Year due to her strong leadership qualities and high level of achievement in her professional career. Fiona is committed to helping women advance within the insurance industry, and in the business and local communities. She is also actively involved in a number of philanthropic activities.

As Executive Vice President of Group Operations for XL, Fiona's responsibilities include: group strategic planning, business planning, global human resources, global information technology, and global marketing.

Fiona's talent and commitment to the insurance industry have been evident since she joined Marsh & McLennan 20 years ago. In 1992, she was selected to head Marsh's Global Broking operations in Bermuda and subsequently held several senior executive positions at ACE Bermuda Ltd. before joining XL Capital Ltd as EVP Group Operations in 1999. At XL, she quickly established herself as a key member of the Executive Management Board.

The XL Capital group is a global provider of insurance, reinsurance and financial products. As of March 31, 2003, XL Capital had consolidated assets of approximately $37.5 billion and consolidated shareholders equity of approximately $6.8 billion.

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XL News # 1305