NU Online News Service, July 1, 1:58 p.m. EDT

XL Group plc said it has completed its previously announced re-domestication to change the parent holding company's place of incorporation to Ireland from the Cayman Islands.

In addition, as previously announced, the name of the holding company is "XL Group plc" as of today.

XL said it will continue to be registered with the U.S. Securities and Exchange Commission and will be subject to SEC reporting requirements.

Shares of XL will trade on the New York Stock Exchange under the ticker symbol "XL," the same symbol under which the shares of XL Capital Ltd., the prior parent company of the XL group, previously traded.

XL and its subsidiaries are a global insurance and reinsurance company providing property and casualty and specialty products to industrial, commercial, and professional firms, insurance companies and other enterprises on a worldwide basis.

Its principal executive offices are located at No. 1 Hatch Street Upper, 4th Floor, Dublin 2, Ireland.

More information about XL Group plc is available at www.xlgroup.com.

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