================================================================================
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
January 18, 2002
Date of Report (Date of earliest event reported)
XL CAPITAL LTD
(Exact name of registrant as specified in its charter)
Cayman Islands 1-10809 98-0191089
(State or other jurisdiction of (Commission file number) (I.R.S. Employer
incorporation or organization) Identification No.)
XL House, One Bermudiana Road, Hamilton, Bermuda HM11
(Address of principal executive offices)
(441) 292-8515
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
================================================================================
Item 5. Other events.
On January 18, 2002, XL Capital Ltd issued the press release attached as Exhibit
99(a) and incorporated by reference herein.
Item 7. Financial Statements and Exhibits.
(c) Exhibits. The following exhibit is filed herewith:
--------
Exhibit No. Description
----------- --------------------------------------------------
99(a) Press Release ("XL Capital Increases Quarterly Dividend to
$0.47 Per Share") dated January 18, 2002.
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.
Dated: January 18, 2002
XL CAPITAL LTD
By: /s/ Jerry de St. Paer
--------------------------------------
Name: Jerry de St. Paer
Title: Executive Vice President &
Chief Financial Officer
Exhibit 99(a)
XL Capital Ltd
XL House
One Bermudiana Road
Hamilton HM 11 Bermuda
Phone: (441) 292-8515
Fax: (441) 292-5280
NEWS RELEASE
IMMEDIATE
Contact: Gavin R. Arton Roger R. Scotton
Investor Relations Media Relations
441-294-7104 441-294-7165
XL CAPITAL INCREASES QUARTERLY DIVIDEND
TO $0.47 PER SHARE
HAMILTON, BERMUDA January 18, 2002 -- XL Capital Ltd ("XL" or "the Company")
(NYSE: XL) announced today that its Board of Directors declared a quarterly
dividend of $0.47 per share payable on the Company's Ordinary Shares. The
dividend will be payable on February 19, 2002 to shareholders of record on
February 4, 2002. This dividend payment represents an increase of $0.01 per
share from the previous quarterly dividend.
XL Capital Ltd, through its subsidiaries, is a leading provider of insurance and
reinsurance coverages and financial products to industrial, commercial and
professional service firms, insurance companies and other enterprises on a
worldwide basis.
# # #