XL Group plc (the "Company") (NYSE: XL) announced today that the Board of Directors of the Company declared a quarterly dividend on October 30, 2014 of $0.16 per ordinary share payable on the Company's ordinary shares. The dividend will be payable on December 31, 2014 to ordinary shareholders of record as of December 15, 2014.

The Company also announced today that the board of directors of its wholly-owned subsidiary, XLIT Ltd., resolved on October 30, 2014 to pay a dividend of $8.5563 per share on XLIT Ltd.'s Series D Preference Ordinary Shares, which dividend will be paid on January 15, 2015 to all shareholders of record as of January 1, 2015.

About XL Group plc

XL Group plc (NYSE:XL), 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 throughout the world. XL is the company clients look to for answers to their most complex risks and to help move their world forward.www.xlgroup.com

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