XL CFO to retire in 2007

HAMILTON, Bermuda--XL Capital Ltd.'s chief financial officer, Jerry de St. Paer, will retire from the company in 2007, XL reported Monday in a regulatory filing.

A departure date has not been set for Mr. de St. Paer, who has served as CFO for Hamilton, Bermuda-based XL since 2001.

XL in a Securities and Exchange Commission filing noted that it plans to initiate a search for a successor for Mr. de St. Paer and that he will "assist the company with transition matters."