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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">As filed with the Securities and Exchange
Commission on July 25, 2016</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Registration No. 333-</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
WASHINGTON, D.C. 20549</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">FORM S-8 REGISTRATION STATEMENT<BR>
UNDER THE SECURITIES ACT OF 1933</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 14pt">XL GROUP
LTD</FONT><BR>
<FONT STYLE="font-size: 10pt">(Exact name of registrant as specified in its charter)</FONT></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Bermuda</B></FONT></TD>
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>98-0665416</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>(State or other jurisdiction of incorporation</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>or organization)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>(I.R.S. Employer Identification Number)</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>O&rsquo;Hara House</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Puglisi &amp; Associates</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>One Bermudiana Road</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>850 Library Avenue, Suite 204</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Hamilton, HM08</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Newark, Delaware 19711</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Bermuda</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>(302) 738-6680</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>(441) 292-8515</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>(Address of Principal Executive Offices)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Name, address, including zip code, and
        telephone </B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>number, including area code, of agent
        for service)</B></P></TD></TR>
</TABLE>
<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">XL Group plc 1991 Performance Incentive
Program<BR>
(as amended and restated on May 13, 2016), as further amended effective July 25, 2016<BR>
(Full Title of Plan)</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>Copies to:</I></P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; text-align: center"><P STYLE="margin-top: 0; margin-bottom: 0"><B>Kirstin R. Gould, Esq.</B><BR> <B>Executive
                                         Vice President, General Counsel and Secretary</B><BR> <B>XL Group Ltd</B><BR><FONT STYLE="font-size: 10pt"><B>O&rsquo;Hara
                                         House</B></FONT></P>
                                               <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B>One
                                         Bermudiana Road</B></FONT></P>
                                               <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B>Hamilton,
                                         HM08</B></FONT></P>
                                               <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B>Bermuda</B></FONT></P>
                                               <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B>(441)
                                         292-8515</B></FONT></P></TD>
    <TD STYLE="width: 2%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 48%; text-align: center"><B>Todd E. Freed, Esq.</B><BR>
<B>Gregory A. Fernicola, Esq.</B><BR>
<B>Skadden, Arps, Slate, Meagher &amp; Flom LLP</B><BR>
<B>Four Times Square</B><BR>
<B>New York, New York 10036</B><BR>
<B>(212) 735-3000</B></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions
of &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer&rdquo; and &ldquo;smaller reporting company&rdquo; in Rule 12b-2
of the Securities Exchange Act of 1934</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">Large accelerated filer</FONT></TD>
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">Accelerated filer</FONT></TD>
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">Non-accelerated filer</FONT></TD>
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">Smaller reporting company</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Wingdings">x</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Wingdings">&uml;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Wingdings">&uml;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Wingdings">&uml;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(Do not check if a smaller reporting company)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><B>Calculation of Registration Fee</B></FONT></P>

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    <TD NOWRAP STYLE="font-weight: bold; text-align: left; border-bottom: Black 1pt solid; padding-left: 0in"><FONT STYLE="font-size: 8pt"><B>Title
    of Securities to be Registered</B></FONT></TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>&nbsp;</B></FONT></TD>
    <TD NOWRAP STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid; padding-left: 5.4pt"><FONT STYLE="font-size: 8pt"><B>Amount
    to Be<BR>
 Registered (1)</B></FONT></TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" NOWRAP STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt"><B>Proposed Maximum<BR>
 Offering Price Per Share (3)</B></FONT></TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt"><B>&nbsp;</B></FONT></TD><TD NOWRAP STYLE="font-weight: bold; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" NOWRAP STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt"><B>Proposed Maximum<BR>
 Aggregate Offering Price</B></FONT></TD><TD NOWRAP STYLE="padding-bottom: 1pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt"><B>&nbsp;</B></FONT></TD><TD NOWRAP STYLE="padding-bottom: 1pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: center"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Amount of</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Registration Fee</B></FONT></P>

</TD><TD NOWRAP STYLE="padding-bottom: 1pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-left: 0in; width: 38%">Common Shares (par value US$0.01 per share)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-left: 5.4pt; width: 16%">7,000,000 shares (2)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 1%">$</TD><TD STYLE="text-align: right; width: 12%">32.21</TD><TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 1%">$</TD><TD STYLE="text-align: right; width: 12%"><FONT STYLE="font-size: 10pt">225,470,000</FONT></TD><TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 1%">$</TD><TD STYLE="text-align: right; width: 12%">22,704.83</TD><TD STYLE="text-align: left; width: 1%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(1)</TD><TD>Plus such additional number of Common Shares as may be issued
                                         under the XL Group plc 1991 Performance Incentive Program (as amended and restated on
                                         May 13, 2016), as further amended effective July 25, 2016, in the event of a share
                                         dividend, recapitalization, share split, reverse split, reorganization, merger, amalgamation,
                                         consolidation or other similar dilutive event.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(2)</TD><TD>Represents an additional 7,000,000 Common Shares issuable under
                                         the XL Group plc 1991 Performance Incentive Program (as amended and restated on May 13,
                                         2016), as further amended effective July 25, 2016.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(3)</TD><TD>Pursuant to Rule 457(h)(1) under the Securities Act of 1933, the
                                         proposed maximum offering price per share, the proposed maximum aggregate offering price
                                         and the registration fee have been calculated based on the basis of the average of the
                                         high and low prices reported for the Ordinary Shares of XL Group plc reported on the
                                         New York Stock Exchange on July 19, 2016.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>IMPORTANT NOTICE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Neither the Securities and Exchange Commission,
any state securities commission, the Registrar of Companies in Bermuda nor the Bermuda Monetary Authority (the &ldquo;BMA&rdquo;)
nor any other regulatory body has approved or disapproved of the securities referred to in this prospectus (save that the BMA
has approved the issuance of the common shares of XL Group Ltd (&ldquo;XL-Bermuda&rdquo; or the &ldquo;Registrant&rdquo;) pursuant
to the scheme of arrangement involving XL Group plc (&ldquo;XL-Ireland&rdquo;) and XL-Bermuda that became effective on
July 25, 2016) or passed upon the adequacy of this prospectus or any prospectus supplement. Any representation to the contrary
is a criminal offense.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Securities may be offered or sold in Bermuda
only in compliance with the provisions of the Bermuda Investment Business Act 2003, which regulates the sale of securities in Bermuda.
In addition, the BMA must approve all issuances and transfers of securities of a Bermuda company, other than in cases where the
BMA has granted a general permission. The BMA, in its policy notice to the public dated June 1, 2005, has issued its general permission
for the free issuance and transferability of our equity securities, which would include our common shares, as long as any equity
securities of XL-Bermuda remain listed on the New York Stock Exchange (the &ldquo;NYSE&rdquo;) or other appointed stock exchange,
to and among persons who are non-residents of Bermuda for exchange control purposes. The BMA and the Registrar of Companies in
Bermuda accept no responsibility for the financial soundness of any proposal or for the correctness of any of the statements or
opinions expressed in this prospectus or in any prospectus supplement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the Bermuda Insurance Act 1978,
as amended, and its related regulations (the &ldquo;Insurance Act&rdquo;), each shareholder or prospective shareholder of XL-Bermuda
will be responsible for notifying the BMA in writing of such shareholder becoming a shareholder controller, directly or indirectly,
of 10%, 20%, 33% or 50% of Catlin Insurance Company Ltd., Catlin Re Switzerland Ltd., Hubble Re Ltd., XL Bermuda Ltd and XL Life
Ltd, within 45 days of becoming such a shareholder controller. Each such shareholder controller will also be responsible for notifying
the BMA in writing where he has reduced or disposed of his indirect or direct shareholding in such registered insurers (other than
Hubble Re Ltd.) such that the proportion of the voting rights held by the shareholder controller reaches or falls below the thresholds
set out above, not later than 45 days after such disposal. Such registered insurers are also required to notify the BMA in writing
in the event of any person ceasing to be a controller, a controller being a managing director, chief executive or other person
in accordance with whose directions or instructions the directors of any registered insurer are accustomed to act, including any
person who holds, or is entitled to exercise, 10% of more of the voting shares or voting power, or is able to exercise a significant
influence over the management of, the registered insurer. The BMA may serve a notice of objection on any controller of a registered
insurer if it appears to the BMA that the person is no longer fit and proper to be such a controller.</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">EXPLANATORY NOTE</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We are filing this Registration Statement
to register an additional 7,000,000 of the Common Shares of XL-Bermuda, par value $0.01 per share (the &ldquo;Shares&rdquo;),
that may be acquired by XL Group employees under the XL Group plc 1991 Performance Incentive Program (as amended and restated
on May 13, 2016), as further amended effective July 25, 2016 (the&nbsp;&ldquo;Program&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">An increase of 7,000,000 in the number of
Shares authorized for issuance under the Program was approved by the holders of our Shares at the XL-Ireland 2016 annual general
meeting held on May 13, 2016. The full text of the amended and restated Program is filed as an exhibit to this registration statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We previously filed our Registration Statement
on Form S-8 (File No. 333-161122), filed with the Securities and Exchange Commission (the &ldquo;Commission&rdquo;) on August
6, 2009, as amended by Post-Effective Amendment No. 1 to our Registration Statement on Form S-8, filed with the Commission on
July 1, 2010 and as further amended by Post-Effective Amendment No. 2 to our Registration Statement on Form S-8, filed with the
Commission on July 25, 2016 (the &ldquo;2009 Registration Statement&rdquo;), covering an additional 13,500,000 Shares issuable
under the Program. In addition, we previously filed our Registration Statement on Form S-8 (File No. 333-174138), filed with the
Commission on May 11, 2011, as amended by Post-Effective Amendment No. 1 to our Registration Statement on Form S-8, filed with
the Commission on July 25, 2016 (the &ldquo;2011 Registration Statement&rdquo;), covering an additional 13,000,000 Shares
issuable under the Program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to General Instruction E to Form
S-8, the contents of the 2009 Registration Statement and the 2011 Registration Statement, including the periodic and current reports
that we filed with the Commission after the effectiveness of the 2009 Registration Statement and the 2011 Registration Statement,
are incorporated herein by reference except to the extent supplemented, amended or superseded by the information set forth herein.
Any items in the 2009 Registration Statement and the 2011 Registration Statement not expressly changed hereby shall be set forth
in the 2009 Registration Statement and the 2011 Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PART II</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">INFORMATION REQUIRED IN THE REGISTRATION
STATEMENT</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Item 3.&#9;Incorporation of Documents by Reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The following documents filed by XL-Ireland
(the predecessor registrant to XL-Bermuda) with the Commission are hereby incorporated by reference in this registration statement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Annual Report on Form 10-K for the year ended December 31, 2015, filed on February 26, 2016;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Quarterly Report on Form 10-Q for the quarter ended March 31, 2016, filed on May 6, 2016;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Proxy Statement on Schedule 14A for the Annual General Meeting of Holders of Ordinary Shares of XL-Bermuda held on May 13,
2016, filed on March 16, 2016;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Proxy Statement on Schedule 14A for the Special Court-Ordered Meeting and Extraordinary General Meeting of Holders of Ordinary
Shares held on June 23, 2016, filed on May 11, 2016;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Current Reports
                                         on Form 8-K filed on February 29, 2016, May 19, 2016, June 23, 2016, July&nbsp;13,
                                         2016 and July 25, 2016; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>the description
                                         of XL-Bermuda&rsquo;s common shares included in the Scheme Proxy Statement, set forth
                                         in the section &ldquo;Description of XL Group Ltd Share Capital,&rdquo; including any
                                         amendment or report filed for the purposes of updating such description, and specifically
                                         including the Memorandum of Association and Bye-laws of XL-Bermuda filed as Exhibits
                                         3.3 and 3.4 to the Current Report on Form 8-K filed on July 25,
                                         2016.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">All reports and other documents filed by
the Registrant pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934 (the &ldquo;Exchange Act&rdquo;)
subsequent to the date of this registration statement and prior</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">to the filing of a post-effective amendment
hereto, which indicates that all securities offered hereunder have been sold or which deregisters all securities remaining unsold,
shall be deemed to be incorporated by reference in this registration statement and to be a part hereof from the date of filing
of such documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">For purposes of this registration statement,
any document or any statement contained in a document incorporated or deemed to be incorporated herein by reference shall be deemed
to be modified or superseded to the extent that a subsequently filed document or a statement contained herein or in any other subsequently
filed document which also is or is deemed to be incorporated herein by reference modifies or supersedes such document or such statement
in such document. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute
a part of this registration statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left">Item&nbsp;4.</TD><TD STYLE="text-align: justify">Description of Securities.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left">Item&nbsp;5.</TD><TD STYLE="text-align: justify">Interests of Named Experts and Counsel.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left">Item 6.</TD><TD STYLE="text-align: justify">Indemnification of Directors and Officers.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Bermuda Companies Act permits XL-Bermuda
to indemnify its directors, officers and auditor against losses arising or liability resulting from their negligence,
default, breach of duty or breach of trust in relation to XL-Bermuda or any subsidiary of XL-Bermuda; provided, that XL-Bermuda
is not permitted to indemnify any such person against any liability arising from their fraud or dishonesty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The bye-laws of XL-Bermuda provide that
XL-Bermuda will indemnify every &ldquo;Indemnified Person&rdquo; (which includes any director or officer, including, if
applicable, any resident representative) out of the assets of XL-Bermuda against all liabilities, loss, damage or expense (including
but not limited to liabilities under contract, tort and statute or any applicable foreign law or regulation and all reasonable
legal and other costs and expenses properly payable) incurred or suffered by such indemnitee by or by reason of any act
done, conceived in or omitted in the conduct of XL-Bermuda&rsquo;s business or in the discharge of his duties or in defending
any proceedings, whether civil or criminal; provided, that such expenses and liabilities are not found by a court of competent
jurisdiction (upon entry of a final non-appealable judgment) to be the result of any such Indemnified Person&rsquo;s fraud and
dishonesty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In a recent Bermuda Supreme Court case,
the Court ordered that the indemnity provisions of a Bermuda company&rsquo;s bye-laws were enforceable and could be relied on by
the defendant directors after the Court found them guilty of misfeasance for breaching their duty of care owed to the company.
This case demonstrates that the Bermuda courts will uphold indemnification provisions in the bye-laws of a Bermuda company to protect
its directors and officers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">XL-Bermuda&rsquo;s bye-laws and
the Bermuda Companies Act also permit XL-Bermuda to purchase and maintain insurance for the benefit of any director or
officer against any liability incurred by such person under the Bermuda Companies Act in such
persons&rsquo; capacity as a director or officer or indemnifying such person in respect of any loss arising or
liability attaching to him or her by virtue of any rule of law in respect of any negligence, default, breach of duty or
breach of trust of which such person may be guilty in relation to XL-Bermuda or any subsidiary thereof. XL-Bermuda&rsquo;s
directors and officers are provided with indemnification against certain liabilities pursuant to a directors and officers
liability insurance policy maintained by one of XL-Bermuda&rsquo;s subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In order to continue to retain and attract
highly experienced and capable persons to serve as directors of XL-Bermuda, XL-Bermuda has entered into indemnification agreements
(the &ldquo;Bermuda Indemnification Agreements&rdquo;) with each of XL-Bermuda&rsquo;s directors and its corporate secretary. The
Bermuda Indemnification Agreements provide that XL-Bermuda will indemnify the indemnitees to the fullest extent permitted by Bermuda
law against claims related to each indemnitee&rsquo;s service to (or at the request of) XL-Bermuda, except in certain circumstances,
including: (i) where payment is actually made or then due (A) under an insurance policy, (B) pursuant to an agreement between indemnitee
and XL-Bermuda or other entity served by indemnitee at the request of XL-Bermuda or (C) under the governing documents of XL-Bermuda
or other entity served by indemnitee at the request of XL-Bermuda; (ii) in connection with a proceeding initiated by indemnitee,
unless such proceeding was authorized by the XL-Bermuda Board or falls within certain limited exceptions specifically provided
for in the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Bermuda Indemnification Agreements; and (iii)
where the indemnitee is found, in a final and non-appealable judgment of a court of competent jurisdiction, to be liable
for fraud or dishonesty or an accounting of profits made from the purchase and sale (or sale and purchase) by the indemnitee of
securities. The Bermuda Indemnification Agreements also provide that any and all indemnifiable expenses shall, if so requested
by the indemnitee, be advanced promptly as they are incurred, provided that the indemnitee must repay any such expense advance
if it is determined in a final and non-appealable judgment of a court of competent jurisdiction that the indemnitee is not entitled
to be indemnified against such expense.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left">Item&nbsp;7.</TD><TD STYLE="text-align: justify">Exemption From Registration Claimed.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left">Item&nbsp;8.</TD><TD STYLE="text-align: justify">Exhibits.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The following exhibits are filed with or
incorporated by reference into this registration statement (numbering corresponds to Exhibit Table in Item 601 of Regulation S-K):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="vertical-align: top; width: 10%; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 8pt"><B>Exhibit</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 8pt"><B>Number</B></FONT></P></TD>
    <TD NOWRAP STYLE="vertical-align: top; width: 2%; padding-bottom: 1pt"></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; width: 88%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 8pt"><B>Description</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>4.1</TD>
    <TD>&nbsp;</TD>
    <TD>Certificate of Incorporation of XL Group Ltd (incorporated by reference to Exhibit 3.1 to XL Group Ltd&rsquo;s
    Current Report on Form 8-K filed on July 25, 2016).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>4.2</TD>
    <TD>&nbsp;</TD>
    <TD><P STYLE="margin: 0">Certificate of Incorporation <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">on
        Change of Name of XL Group Ltd (incorporated by reference to Exhibit  3.2 to XL Group Ltd&rsquo;s Current Report
        on Form 8-K filed on July 25, 2016).</FONT></P>


</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>4.3</TD>
    <TD>&nbsp;</TD>
    <TD>Memorandum of Association of XL Group Ltd (incorporated by reference to Exhibit 3.3 to XL Group Ltd&rsquo;s Current
    Report on Form 8-K filed on July 25, 2016).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>4.4</TD>
    <TD>&nbsp;</TD>
    <TD>Bye-laws of XL Group Ltd (incorporated by reference to Exhibit 3.4 to XL Group Ltd&rsquo;s Current Report on Form
    8-K filed on July 25, 2016).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>4.5*</TD>
    <TD>&nbsp;</TD>
    <TD>XL Group plc 1991 Performance Incentive Program (as amended and restated on May 13, 2016).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>4.6*</TD>
    <TD>&nbsp;</TD>
    <TD>Amendment to the XL Group plc 1991 Performance Incentive Program, effective July 25, 2016.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>4.7</TD>
    <TD>&nbsp;</TD>
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Specimen Share Certificate (evidencing the common shares
        of XL Group Ltd) (incorporated by reference to Exhibit 4.1 to XL Group Ltd&rsquo;s Current Report on Form 8-K filed on
        July 25, 2016).</P>



</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>5.1*</TD>
    <TD>&nbsp;</TD>
    <TD>Opinion of AWS Law Limited.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>23.1*</TD>
    <TD>&nbsp;</TD>
    <TD>Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>23.2*</TD>
    <TD>&nbsp;</TD>
    <TD>Consent of AWS Law Limited (included as part of Exhibit 5.1).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>24.1*</TD>
    <TD>&nbsp;</TD>
    <TD>Powers of Attorney (included on signature pages).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>99.1*</TD>
    <TD>&nbsp;</TD>
    <TD>Acceptance of Appointment of Puglisi &amp; Associates as U.S. Agent for Service of Process.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>99.2</TD>
    <TD>&nbsp;</TD>
    <TD>&ldquo;Description of XL Group Ltd Share Capital&rdquo; (incorporated by reference to the section so entitled of XL Group plc&rsquo;s Proxy Statement on Schedule 14A for the Special Court-Ordered Meeting and Extraordinary General Meeting of Holders of Ordinary Shares held on June 23, 2016, filed on May 11, 2016).</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">*</TD><TD>Filed herewith.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.5in; text-align: left">Item&nbsp;9.</TD><TD STYLE="text-align: justify">Undertakings.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD>The undersigned Registrant hereby undertakes:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(1)</TD><TD>To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD>To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933 (the &ldquo;Securities Act&rdquo;);</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD>To reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most
recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information
set forth in this Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered
(if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or
high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Securities and Exchange
Commission (the &ldquo;SEC&rdquo; or the &ldquo;Commission&rdquo;) pursuant to Rule 424(b) if, in the aggregate, the changes in
volume and price represent no more than 20% change in the maximum aggregate offering price set forth in the &ldquo;Calculation
of Registration Fee&rdquo; table in the effective registration statement; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD>To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement
or any material change to such information in the Registration Statement;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-indent: -0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii)
do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic
reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or 15(d) of the Exchange Act that are
incorporated by reference in the Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(2)</TD><TD>That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed
to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time
shall be deemed to be the initial bona fide offering thereof.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(3)</TD><TD>To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold
at the termination of the offering.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD>The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each
filing of the Registrant&rsquo;s annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each
filing of the employee benefit plan&rsquo;s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by
reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein,
and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD>Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling
persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion
of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.
In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred
or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant
will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will
be governed by the final adjudication of such issue.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">SIGNATURES</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused this Form S-8 to be signed on its behalf by the undersigned, thereunto duly authorized,
in Stamford, Connecticut, on July&nbsp;25, 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">XL GROUP LTD</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ MICHAEL S. MCGAVICK</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 6%">Name:</TD>
    <TD STYLE="width: 40%">Michael S. McGavick</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD>Chief Executive Officer</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the dates
indicated:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 36%; text-align: center; vertical-align: bottom"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 8pt"><B>Signature</B></FONT></P></TD>
    <TD STYLE="width: 2%; text-align: center"></TD>
    <TD STYLE="width: 45%; text-align: center; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; border-bottom: Black 0.5pt solid; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Title</B></FONT></P></TD>
    <TD STYLE="width: 2%; text-align: center"></TD>
    <TD STYLE="width: 15%; text-align: center; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; border-bottom: Black 0.5pt solid; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Date</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ MICHAEL S. MCGAVICK</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Chief Executive Officer (Principal Executive Officer) and Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Michael S. McGavick&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom; border-bottom: Black 0.5pt solid">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">/s/ PETER R. PORRINO</P></TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left; vertical-align: top">Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: left; vertical-align: top">July 25, 2016</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Peter R. Porrino&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ MICHAEL S. MCGAVICK</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director and Chairman of the Board of Directors</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Eugene M. McQuade&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ MICHAEL S. MCGAVICK</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Ramani Ayer&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ MICHAEL S. MCGAVICK</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Dale R. Comey&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ MICHAEL S. MCGAVICK</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Claus-Michael Dill</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ MICHAEL S. MCGAVICK</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Robert R. Glauber&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ MICHAEL S. MCGAVICK</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Edward J. Kelly, III</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ MICHAEL S. MCGAVICK</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Suzanne B. Labarge&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ MICHAEL S. MCGAVICK</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Joseph Mauriello</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 36%; text-align: center; vertical-align: bottom"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 8pt"><B>Signature</B></FONT></P></TD>
    <TD STYLE="width: 2%; text-align: center"></TD>
    <TD STYLE="width: 45%; text-align: center; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; border-bottom: Black 0.5pt solid; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Title</B></FONT></P></TD>
    <TD STYLE="width: 2%; text-align: center"></TD>
    <TD STYLE="width: 15%; text-align: center; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; border-bottom: Black 0.5pt solid; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Date</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ MICHAEL S. MCGAVICK</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Clayton S. Rose&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ MICHAEL S. MCGAVICK</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Anne Stevens&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ MICHAEL S. MCGAVICK</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Sir John Vereker&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in">*</TD><TD STYLE="width: 0.25in; text-align: left"></TD><TD STYLE="text-align: justify">Executed pursuant to the Power of Attorney granted in this
Registration Statement.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SIGNATURES (AUTHORIZED U.S. REPRESENTATIVE)</P>




<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Act of 1933, as amended, this Post-Effective Amendment has been signed by the Authorized U.S. Representative on the date indicated:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in; font-size: 10pt; padding-left: 0in; text-indent: 0in">Dated:</TD>
    <TD STYLE="font-size: 10pt; text-indent: 0in">July 25, 2016</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Puglisi &amp; Associates,</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Authorized U.S. Representative</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 4%; padding-bottom: 1pt">By:</TD>
    <TD STYLE="width: 46%; text-decoration: none; border-bottom: Black 1pt solid">/s/ DONALD J. PUGLISI</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD>Donald J. Puglisi</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD>Managing Director</TD></TR>
</TABLE>
<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;POWER OF ATTORNEY</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">KNOW ALL MEN BY THESE PRESENTS, that each
of the undersigned officers and directors of XL Group Ltd in their respective capacities set forth below constitutes and appoints
Michael S. McGavick and Kirstin R. Gould, and each of them, as his or her true and lawful attorney-in-fact and agent, with full
power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to
sign his or her name to this Registration Statement of XL Group Ltd, a Bermuda exempted company, on Form S-8 under the Securities
Act of 1933, as amended, and any rules, regulations and requirements of the Securities and Exchange Commission thereunder and any
and all amendments (including any post-effective amendments thereto) and supplements to the Registration Statements amended by
this Post-Effective Amendment, and to file the same, with all exhibits thereto, and other documents in connection therewith, with
the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform
each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he might or could do in
person, hereby ratifying and confirming all that said attorney-in-fact and agent or his or her substitute, may lawfully do or cause
to be done by virtue hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This Power of Attorney may be executed in
multiple counterparts, each of which shall be deemed an original, but which taken together shall constitute one instrument.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 36%; text-align: center; vertical-align: bottom"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 8pt"><B>Signature</B></FONT></P></TD>
    <TD STYLE="width: 2%; text-align: center"></TD>
    <TD STYLE="width: 45%; text-align: center; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; border-bottom: Black 0.5pt solid; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Title</B></FONT></P></TD>
    <TD STYLE="width: 2%; text-align: center"></TD>
    <TD STYLE="width: 15%; text-align: center; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; border-bottom: Black 0.5pt solid; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Date</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ MICHAEL S. MCGAVICK</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Chief Executive Officer (Principal Executive Officer) and Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Michael S. McGavick&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ PETER R. PORRINO</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Peter R. Porrino&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ EUGENE M. MCQUADE</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director and Chairman of the Board of Directors</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Eugene M. McQuade&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ RAMANI AYER</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Ramani Ayer&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ DALE R. COMEY</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Dale R. Comey&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ CLAUS-MICHAEL DILL</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Claus-Michael Dill</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ ROBERT R. GLAUBER</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Robert R. Glauber&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ EDWARD J. KELLY, III</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Edward J. Kelly, III</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ SUZANNE B. LABARGE</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Suzanne B. Labarge&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ JOSEPH MAURIELLO</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Joseph Mauriello&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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    <TD STYLE="width: 36%; border-bottom: Black 1pt solid; text-align: center; vertical-align: bottom"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><FONT STYLE="font-size: 8pt"><B>Signature</B></FONT></P></TD>
    <TD STYLE="width: 2%; padding-bottom: 1pt; text-align: center"></TD>
    <TD STYLE="width: 45%; border-bottom: Black 1pt solid; text-align: center; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Title</B></FONT></P></TD>
    <TD STYLE="width: 2%; padding-bottom: 1pt; text-align: center"></TD>
    <TD STYLE="width: 15%; border-bottom: Black 1pt solid; text-align: center; vertical-align: top"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Date</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
</TD>
    <TD>
</TD>
    <TD STYLE="text-align: left; vertical-align: top">
</TD>
    <TD>
</TD>
    <TD STYLE="text-align: left; vertical-align: top">
</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ CLAYTON S. ROSE</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Clayton S. Rose&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ ANNE STEVENS</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Anne Stevens&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ SIR JOHN VEREKER</P></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Director</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">July 25, 2016</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; vertical-align: bottom">Name: Sir John Vereker&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
</TABLE>
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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">EXHIBIT INDEX&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 10%; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 8pt"><B>Exhibit</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 8pt"><B>Number</B></FONT></P></TD>
    <TD STYLE="vertical-align: top; width: 2%; padding-bottom: 1pt"></TD>
    <TD STYLE="vertical-align: bottom; width: 88%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 8pt"><B>Description</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>4.1</TD>
    <TD>&nbsp;</TD>
    <TD>Certificate of Incorporation of XL Group Ltd (incorporated by reference to Exhibit 3.1 to XL Group Ltd&rsquo;s
    Current Report on Form 8-K filed on July 25, 2016).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>4.2</TD>
    <TD>&nbsp;</TD>
    <TD>Certificate of Incorporation on Change of Name of XL Group Ltd (incorporated by reference to Exhibit 3.2 to XL Group
    Ltd&rsquo;s Current Report on Form 8-K filed on July 25, 2016).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>4.3</TD>
    <TD>&nbsp;</TD>
    <TD>Memorandum of Association of XL Group Ltd (incorporated by reference to Exhibit 3.3
    to XL Group Ltd&rsquo;s Current Report on Form 8-K filed on July 25, 2016).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>4.4</TD>
    <TD>&nbsp;</TD>
    <TD>Bye-laws of XL Group Ltd (incorporated by reference to Exhibit 3.4 to
    XL Group Ltd&rsquo;s Current Report on Form 8-K filed on July 25, 2016).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>4.5*</TD>
    <TD>&nbsp;</TD>
    <TD>XL Group plc 1991 Performance Incentive Program (as amended and restated on May 13, 2016).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>4.6*</TD>
    <TD>&nbsp;</TD>
    <TD>Amendment to the XL Group plc 1991 Performance Incentive Program, effective July 25, 2016.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>4.7</TD>
    <TD>&nbsp;</TD>
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Specimen Share Certificate (evidencing the common shares
        of XL Group Ltd) (incorporated by reference to Exhibit 4.1 to XL Group Ltd&rsquo;s Current Report on Form 8-K filed on
        July 25, 2016).</P>



</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>5.1*</TD>
    <TD>&nbsp;</TD>
    <TD>Opinion of AWS Law Limited.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>23.1*</TD>
    <TD>&nbsp;</TD>
    <TD>Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>23.2*</TD>
    <TD>&nbsp;</TD>
    <TD>Consent of AWS Law Limited (included as part of Exhibit 5.1).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>24.1*</TD>
    <TD>&nbsp;</TD>
    <TD>Powers of Attorney (included on signature pages).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>99.1*</TD>
    <TD>&nbsp;</TD>
    <TD>Acceptance of Appointment of Puglisi &amp; Associates as U.S. Agent for Service of Process.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>99.2</TD>
    <TD>&nbsp;</TD>
    <TD>&ldquo;Description of XL Group Ltd Share Capital&rdquo; (incorporated by reference to the section so entitled of XL Group plc&rsquo;s Proxy Statement on Schedule 14A for the Special Court-Ordered Meeting and Extraordinary General Meeting of Holders of Ordinary Shares held on June 23, 2016, filed on May 11, 2016).</TD></TR>
</TABLE>
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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">*</TD><TD>Filed herewith.</TD></TR></TABLE>

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[{"type": "S-8", "sequence": "1", "filename": "t1601741_s8.htm", "description": "FORM S-8", "secsgml_size_bytes": 107215}]
{"company-data": {"conformed-name": "XL GROUP LTD", "cik": "0000875159", "assigned-sic": "6331", "irs-number": "980665416", "state-of-incorporation": "D0", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-212659", "film-number": "161781047"}, "business-address": {"street1": "O'HARA HOUSE", "street2": "ONE BERMUDIANA ROAD", "city": "HAMILTON", "state": "D0", "zip": "HM08", "phone": "353-1-400-5500"}, "mail-address": {"street1": "O'HARA HOUSE", "street2": "ONE BERMUDIANA ROAD", "city": "HAMILTON", "state": "D0", "zip": "HM08"}, "former-company": [{"former-conformed-name": "XL GROUP PLC", "date-changed": "20100701"}, {"former-conformed-name": "XL CAPITAL LTD", "date-changed": "19990302"}, {"former-conformed-name": "EXEL LTD", "date-changed": "19950720"}]}
As filed with the Securities and Exchange
Commission on July 25, 2016
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8 REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
XL GROUP
LTD
(Exact name of registrant as specified in its charter)
Bermuda
98-0665416
(State or other jurisdiction of incorporation
or organization)
(I.R.S. Employer Identification Number)
O'Hara House
Puglisi & Associates
One Bermudiana Road
850 Library Avenue, Suite 204
Hamilton, HM08
Newark, Delaware 19711
Bermuda
(302) 738-6680
(441) 292-8515
(Address of Principal Executive Offices)
(Name, address, including zip code, and
        telephone
number, including area code, of agent
        for service)
XL Group plc 1991 Performance Incentive
Program
(as amended and restated on May 13, 2016), as further amended effective July 25, 2016
(Full Title of Plan)
Copies to:
Kirstin R. Gould, Esq.
Executive
                                         Vice President, General Counsel and Secretary
XL Group Ltd
O'Hara
                                         House
One
                                         Bermudiana Road
Hamilton,
                                         HM08
Bermuda
(441)
                                         292-8515
Todd E. Freed, Esq.
Gregory A. Fernicola, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
Four Times Square
New York, New York 10036
(212) 735-3000
Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions
of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2
of the Securities Exchange Act of 1934
Large accelerated filer
Accelerated filer
Non-accelerated filer
Smaller reporting company
x
¨
¨
¨
(Do not check if a smaller reporting company)
Calculation of Registration Fee
Title
    of Securities to be Registered
Amount
    to Be
Registered (1)
Proposed Maximum
Offering Price Per Share (3)
Proposed Maximum
Aggregate Offering Price
Amount of
Registration Fee
Common Shares (par value US$0.01 per share)
7,000,000 shares (2)
$
32.21
$
225,470,000
$
22,704.83
(1)
Plus such additional number of Common Shares as may be issued
                                         under the XL Group plc 1991 Performance Incentive Program (as amended and restated on
                                         May 13, 2016), as further amended effective July 25, 2016, in the event of a share
                                         dividend, recapitalization, share split, reverse split, reorganization, merger, amalgamation,
                                         consolidation or other similar dilutive event.
(2)
Represents an additional 7,000,000 Common Shares issuable under
                                         the XL Group plc 1991 Performance Incentive Program (as amended and restated on May 13,
                                         2016), as further amended effective July 25, 2016.
(3)
Pursuant to Rule 457(h)(1) under the Securities Act of 1933, the
                                         proposed maximum offering price per share, the proposed maximum aggregate offering price
                                         and the registration fee have been calculated based on the basis of the average of the
                                         high and low prices reported for the Ordinary Shares of XL Group plc reported on the
                                         New York Stock Exchange on July 19, 2016.
IMPORTANT NOTICE
Neither the Securities and Exchange Commission,
any state securities commission, the Registrar of Companies in Bermuda nor the Bermuda Monetary Authority (the "BMA")
nor any other regulatory body has approved or disapproved of the securities referred to in this prospectus (save that the BMA
has approved the issuance of the common shares of XL Group Ltd ("XL-Bermuda" or the "Registrant") pursuant
to the scheme of arrangement involving XL Group plc ("XL-Ireland") and XL-Bermuda that became effective on
July 25, 2016) or passed upon the adequacy of this prospectus or any prospectus supplement. Any representation to the contrary
is a criminal offense.
Securities may be offered or sold in Bermuda
only in compliance with the provisions of the Bermuda Investment Business Act 2003, which regulates the sale of securities in Bermuda.
In addition, the BMA must approve all issuances and transfers of securities of a Bermuda company, other than in cases where the
BMA has granted a general permission. The BMA, in its policy notice to the public dated June 1, 2005, has issued its general permission
for the free issuance and transferability of our equity securities, which would include our common shares, as long as any equity
securities of XL-Bermuda remain listed on the New York Stock Exchange (the "NYSE") or other appointed stock exchange,
to and among persons who are non-residents of Bermuda for exchange control purposes. The BMA and the Registrar of Companies in
Bermuda accept no responsibility for the financial soundness of any proposal or for the correctness of any of the statements or
opinions expressed in this prospectus or in any prospectus supplement.
Pursuant to the Bermuda Insurance Act 1978,
as amended, and its related regulations (the "Insurance Act"), each shareholder or prospective shareholder of XL-Bermuda
will be responsible for notifying the BMA in writing of such shareholder becoming a shareholder controller, directly or indirectly,
of 10%, 20%, 33% or 50% of Catlin Insurance Company Ltd., Catlin Re Switzerland Ltd., Hubble Re Ltd., XL Bermuda Ltd and XL Life
Ltd, within 45 days of becoming such a shareholder controller. Each such shareholder controller will also be responsible for notifying
the BMA in writing where he has reduced or disposed of his indirect or direct shareholding in such registered insurers (other than
Hubble Re Ltd.) such that the proportion of the voting rights held by the shareholder controller reaches or falls below the thresholds
set out above, not later than 45 days after such disposal. Such registered insurers are also required to notify the BMA in writing
in the event of any person ceasing to be a controller, a controller being a managing director, chief executive or other person
in accordance with whose directions or instructions the directors of any registered insurer are accustomed to act, including any
person who holds, or is entitled to exercise, 10% of more of the voting shares or voting power, or is able to exercise a significant
influence over the management of, the registered insurer. The BMA may serve a notice of objection on any controller of a registered
insurer if it appears to the BMA that the person is no longer fit and proper to be such a controller.
2
EXPLANATORY NOTE
We are filing this Registration Statement
to register an additional 7,000,000 of the Common Shares of XL-Bermuda, par value $0.01 per share (the "Shares"),
that may be acquired by XL Group employees under the XL Group plc 1991 Performance Incentive Program (as amended and restated
on May 13, 2016), as further amended effective July 25, 2016 (the "Program").
An increase of 7,000,000 in the number of
Shares authorized for issuance under the Program was approved by the holders of our Shares at the XL-Ireland 2016 annual general
meeting held on May 13, 2016. The full text of the amended and restated Program is filed as an exhibit to this registration statement.
We previously filed our Registration Statement
on Form S-8 (File No. 333-161122), filed with the Securities and Exchange Commission (the "Commission") on August
6, 2009, as amended by Post-Effective Amendment No. 1 to our Registration Statement on Form S-8, filed with the Commission on
July 1, 2010 and as further amended by Post-Effective Amendment No. 2 to our Registration Statement on Form S-8, filed with the
Commission on July 25, 2016 (the "2009 Registration Statement"), covering an additional 13,500,000 Shares issuable
under the Program. In addition, we previously filed our Registration Statement on Form S-8 (File No. 333-174138), filed with the
Commission on May 11, 2011, as amended by Post-Effective Amendment No. 1 to our Registration Statement on Form S-8, filed with
the Commission on July 25, 2016 (the "2011 Registration Statement"), covering an additional 13,000,000 Shares
issuable under the Program.
Pursuant to General Instruction E to Form
S-8, the contents of the 2009 Registration Statement and the 2011 Registration Statement, including the periodic and current reports
that we filed with the Commission after the effectiveness of the 2009 Registration Statement and the 2011 Registration Statement,
are incorporated herein by reference except to the extent supplemented, amended or superseded by the information set forth herein.
Any items in the 2009 Registration Statement and the 2011 Registration Statement not expressly changed hereby shall be set forth
in the 2009 Registration Statement and the 2011 Registration Statement.
PART II
INFORMATION REQUIRED IN THE REGISTRATION
STATEMENT
Item 3.	Incorporation of Documents by Reference.
The following documents filed by XL-Ireland
(the predecessor registrant to XL-Bermuda) with the Commission are hereby incorporated by reference in this registration statement:
·
Annual Report on Form 10-K for the year ended December 31, 2015, filed on February 26, 2016;
·
Quarterly Report on Form 10-Q for the quarter ended March 31, 2016, filed on May 6, 2016;
·
Proxy Statement on Schedule 14A for the Annual General Meeting of Holders of Ordinary Shares of XL-Bermuda held on May 13,
2016, filed on March 16, 2016;
·
Proxy Statement on Schedule 14A for the Special Court-Ordered Meeting and Extraordinary General Meeting of Holders of Ordinary
Shares held on June 23, 2016, filed on May 11, 2016;
·
Current Reports
                                         on Form 8-K filed on February 29, 2016, May 19, 2016, June 23, 2016, July 13,
                                         2016 and July 25, 2016; and
·
the description
                                         of XL-Bermuda's common shares included in the Scheme Proxy Statement, set forth
                                         in the section "Description of XL Group Ltd Share Capital," including any
                                         amendment or report filed for the purposes of updating such description, and specifically
                                         including the Memorandum of Association and Bye-laws of XL-Bermuda filed as Exhibits
                                         3.3 and 3.4 to the Current Report on Form 8-K filed on July 25,
                                         2016.
All reports and other documents filed by
the Registrant pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934 (the "Exchange Act")
subsequent to the date of this registration statement and prior
3
to the filing of a post-effective amendment
hereto, which indicates that all securities offered hereunder have been sold or which deregisters all securities remaining unsold,
shall be deemed to be incorporated by reference in this registration statement and to be a part hereof from the date of filing
of such documents.
For purposes of this registration statement,
any document or any statement contained in a document incorporated or deemed to be incorporated herein by reference shall be deemed
to be modified or superseded to the extent that a subsequently filed document or a statement contained herein or in any other subsequently
filed document which also is or is deemed to be incorporated herein by reference modifies or supersedes such document or such statement
in such document. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute
a part of this registration statement.
Item 4.
Description of Securities.
Not applicable.
Item 5.
Interests of Named Experts and Counsel.
Not applicable.
Item 6.
Indemnification of Directors and Officers.
The Bermuda Companies Act permits XL-Bermuda
to indemnify its directors, officers and auditor against losses arising or liability resulting from their negligence,
default, breach of duty or breach of trust in relation to XL-Bermuda or any subsidiary of XL-Bermuda; provided, that XL-Bermuda
is not permitted to indemnify any such person against any liability arising from their fraud or dishonesty.
The bye-laws of XL-Bermuda provide that
XL-Bermuda will indemnify every "Indemnified Person" (which includes any director or officer, including, if
applicable, any resident representative) out of the assets of XL-Bermuda against all liabilities, loss, damage or expense (including
but not limited to liabilities under contract, tort and statute or any applicable foreign law or regulation and all reasonable
legal and other costs and expenses properly payable) incurred or suffered by such indemnitee by or by reason of any act
done, conceived in or omitted in the conduct of XL-Bermuda's business or in the discharge of his duties or in defending
any proceedings, whether civil or criminal; provided, that such expenses and liabilities are not found by a court of competent
jurisdiction (upon entry of a final non-appealable judgment) to be the result of any such Indemnified Person's fraud and
dishonesty.
In a recent Bermuda Supreme Court case,
the Court ordered that the indemnity provisions of a Bermuda company's bye-laws were enforceable and could be relied on by
the defendant directors after the Court found them guilty of misfeasance for breaching their duty of care owed to the company.
This case demonstrates that the Bermuda courts will uphold indemnification provisions in the bye-laws of a Bermuda company to protect
its directors and officers.
XL-Bermuda's bye-laws and
the Bermuda Companies Act also permit XL-Bermuda to purchase and maintain insurance for the benefit of any director or
officer against any liability incurred by such person under the Bermuda Companies Act in such
persons' capacity as a director or officer or indemnifying such person in respect of any loss arising or
liability attaching to him or her by virtue of any rule of law in respect of any negligence, default, breach of duty or
breach of trust of which such person may be guilty in relation to XL-Bermuda or any subsidiary thereof. XL-Bermuda's
directors and officers are provided with indemnification against certain liabilities pursuant to a directors and officers
liability insurance policy maintained by one of XL-Bermuda's subsidiaries.
In order to continue to retain and attract
highly experienced and capable persons to serve as directors of XL-Bermuda, XL-Bermuda has entered into indemnification agreements
(the "Bermuda Indemnification Agreements") with each of XL-Bermuda's directors and its corporate secretary. The
Bermuda Indemnification Agreements provide that XL-Bermuda will indemnify the indemnitees to the fullest extent permitted by Bermuda
law against claims related to each indemnitee's service to (or at the request of) XL-Bermuda, except in certain circumstances,
including: (i) where payment is actually made or then due (A) under an insurance policy, (B) pursuant to an agreement between indemnitee
and XL-Bermuda or other entity served by indemnitee at the request of XL-Bermuda or (C) under the governing documents of XL-Bermuda
or other entity served by indemnitee at the request of XL-Bermuda; (ii) in connection with a proceeding initiated by indemnitee,
unless such proceeding was authorized by the XL-Bermuda Board or falls within certain limited exceptions specifically provided
for in the
4
Bermuda Indemnification Agreements; and (iii)
where the indemnitee is found, in a final and non-appealable judgment of a court of competent jurisdiction, to be liable
for fraud or dishonesty or an accounting of profits made from the purchase and sale (or sale and purchase) by the indemnitee of
securities. The Bermuda Indemnification Agreements also provide that any and all indemnifiable expenses shall, if so requested
by the indemnitee, be advanced promptly as they are incurred, provided that the indemnitee must repay any such expense advance
if it is determined in a final and non-appealable judgment of a court of competent jurisdiction that the indemnitee is not entitled
to be indemnified against such expense.
Item 7.
Exemption From Registration Claimed.
Not applicable.
5
Item 8.
Exhibits.
The following exhibits are filed with or
incorporated by reference into this registration statement (numbering corresponds to Exhibit Table in Item 601 of Regulation S-K):
Exhibit
Number
Description
4.1
Certificate of Incorporation of XL Group Ltd (incorporated by reference to Exhibit 3.1 to XL Group Ltd's
    Current Report on Form 8-K filed on July 25, 2016).
4.2
Certificate of Incorporation
on
        Change of Name of XL Group Ltd (incorporated by reference to Exhibit  3.2 to XL Group Ltd's Current Report
        on Form 8-K filed on July 25, 2016).
4.3
Memorandum of Association of XL Group Ltd (incorporated by reference to Exhibit 3.3 to XL Group Ltd's Current
    Report on Form 8-K filed on July 25, 2016).
4.4
Bye-laws of XL Group Ltd (incorporated by reference to Exhibit 3.4 to XL Group Ltd's Current Report on Form
    8-K filed on July 25, 2016).
4.5*
XL Group plc 1991 Performance Incentive Program (as amended and restated on May 13, 2016).
4.6*
Amendment to the XL Group plc 1991 Performance Incentive Program, effective July 25, 2016.
4.7
Specimen Share Certificate (evidencing the common shares
        of XL Group Ltd) (incorporated by reference to Exhibit 4.1 to XL Group Ltd's Current Report on Form 8-K filed on
        July 25, 2016).
5.1*
Opinion of AWS Law Limited.
23.1*
Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm.
23.2*
Consent of AWS Law Limited (included as part of Exhibit 5.1).
24.1*
Powers of Attorney (included on signature pages).
99.1*
Acceptance of Appointment of Puglisi & Associates as U.S. Agent for Service of Process.
99.2
"Description of XL Group Ltd Share Capital" (incorporated by reference to the section so entitled of XL Group plc's Proxy Statement on Schedule 14A for the Special Court-Ordered Meeting and Extraordinary General Meeting of Holders of Ordinary Shares held on June 23, 2016, filed on May 11, 2016).
*
Filed herewith.
Item 9.
Undertakings.
(a)
The undersigned Registrant hereby undertakes:
(1)
To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:
(i)
To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933 (the "Securities Act");
(ii)
To reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most
recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information
set forth in this Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered
(if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or
high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Securities and Exchange
Commission (the "SEC" or the "Commission") pursuant to Rule 424(b) if, in the aggregate, the changes in
volume and price represent no more than 20% change in the maximum aggregate offering price set forth in the "Calculation
of Registration Fee" table in the effective registration statement; and
(iii)
To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement
or any material change to such information in the Registration Statement;
6
provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii)
do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic
reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or 15(d) of the Exchange Act that are
incorporated by reference in the Registration Statement.
(2)
That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed
to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time
shall be deemed to be the initial bona fide offering thereof.
(3)
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold
at the termination of the offering.
(b)
The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each
filing of the Registrant's annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each
filing of the employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by
reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein,
and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(c)
Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling
persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion
of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.
In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred
or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant
will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will
be governed by the final adjudication of such issue.
7
SIGNATURES
Pursuant to the requirements of the Securities
Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused this Form S-8 to be signed on its behalf by the undersigned, thereunto duly authorized,
in Stamford, Connecticut, on July 25, 2016.
XL GROUP LTD
By:
/s/ MICHAEL S. MCGAVICK
Name:
Michael S. McGavick
Title:
Chief Executive Officer
Pursuant to the requirements of the Securities
Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the dates
indicated:
Signature
Title
Date
/s/ MICHAEL S. MCGAVICK
Chief Executive Officer (Principal Executive Officer) and Director
July 25, 2016
Name: Michael S. McGavick
/s/ PETER R. PORRINO
Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)
July 25, 2016
Name: Peter R. Porrino
/s/ MICHAEL S. MCGAVICK
Director and Chairman of the Board of Directors
July 25, 2016*
Name: Eugene M. McQuade
/s/ MICHAEL S. MCGAVICK
Director
July 25, 2016*
Name: Ramani Ayer
/s/ MICHAEL S. MCGAVICK
Director
July 25, 2016*
Name: Dale R. Comey
/s/ MICHAEL S. MCGAVICK
Director
July 25, 2016*
Name: Claus-Michael Dill
/s/ MICHAEL S. MCGAVICK
Director
July 25, 2016*
Name: Robert R. Glauber
/s/ MICHAEL S. MCGAVICK
Director
July 25, 2016*
Name: Edward J. Kelly, III
/s/ MICHAEL S. MCGAVICK
Director
July 25, 2016*
Name: Suzanne B. Labarge
/s/ MICHAEL S. MCGAVICK
Director
July 25, 2016*
Name: Joseph Mauriello
8
Signature
Title
Date
/s/ MICHAEL S. MCGAVICK
Director
July 25, 2016*
Name: Clayton S. Rose
/s/ MICHAEL S. MCGAVICK
Director
July 25, 2016*
Name: Anne Stevens
/s/ MICHAEL S. MCGAVICK
Director
July 25, 2016*
Name: Sir John Vereker
*
Executed pursuant to the Power of Attorney granted in this
Registration Statement.
9
SIGNATURES (AUTHORIZED U.S. REPRESENTATIVE)
Pursuant to the requirements of the Securities
Act of 1933, as amended, this Post-Effective Amendment has been signed by the Authorized U.S. Representative on the date indicated:
Dated:
July 25, 2016
Puglisi & Associates,
Authorized U.S. Representative
By:
/s/ DONALD J. PUGLISI
Name:
Donald J. Puglisi
Title:
Managing Director
10
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each
of the undersigned officers and directors of XL Group Ltd in their respective capacities set forth below constitutes and appoints
Michael S. McGavick and Kirstin R. Gould, and each of them, as his or her true and lawful attorney-in-fact and agent, with full
power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to
sign his or her name to this Registration Statement of XL Group Ltd, a Bermuda exempted company, on Form S-8 under the Securities
Act of 1933, as amended, and any rules, regulations and requirements of the Securities and Exchange Commission thereunder and any
and all amendments (including any post-effective amendments thereto) and supplements to the Registration Statements amended by
this Post-Effective Amendment, and to file the same, with all exhibits thereto, and other documents in connection therewith, with
the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform
each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he might or could do in
person, hereby ratifying and confirming all that said attorney-in-fact and agent or his or her substitute, may lawfully do or cause
to be done by virtue hereof.
This Power of Attorney may be executed in
multiple counterparts, each of which shall be deemed an original, but which taken together shall constitute one instrument.
Signature
Title
Date
/s/ MICHAEL S. MCGAVICK
Chief Executive Officer (Principal Executive Officer) and Director
July 25, 2016
Name: Michael S. McGavick
/s/ PETER R. PORRINO
Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)
July 25, 2016
Name: Peter R. Porrino
/s/ EUGENE M. MCQUADE
Director and Chairman of the Board of Directors
July 25, 2016
Name: Eugene M. McQuade
/s/ RAMANI AYER
Director
July 25, 2016
Name: Ramani Ayer
/s/ DALE R. COMEY
Director
July 25, 2016
Name: Dale R. Comey
/s/ CLAUS-MICHAEL DILL
Director
July 25, 2016
Name: Claus-Michael Dill
/s/ ROBERT R. GLAUBER
Director
July 25, 2016
Name: Robert R. Glauber
/s/ EDWARD J. KELLY, III
Director
July 25, 2016
Name: Edward J. Kelly, III
/s/ SUZANNE B. LABARGE
Director
July 25, 2016
Name: Suzanne B. Labarge
/s/ JOSEPH MAURIELLO
Director
July 25, 2016
Name: Joseph Mauriello
11
Signature
Title
Date
/s/ CLAYTON S. ROSE
Director
July 25, 2016
Name: Clayton S. Rose
/s/ ANNE STEVENS
Director
July 25, 2016
Name: Anne Stevens
/s/ SIR JOHN VEREKER
Director
July 25, 2016
Name: Sir John Vereker
12
EXHIBIT INDEX
Exhibit
Number
Description
4.1
Certificate of Incorporation of XL Group Ltd (incorporated by reference to Exhibit 3.1 to XL Group Ltd's
    Current Report on Form 8-K filed on July 25, 2016).
4.2
Certificate of Incorporation on Change of Name of XL Group Ltd (incorporated by reference to Exhibit 3.2 to XL Group
    Ltd's Current Report on Form 8-K filed on July 25, 2016).
4.3
Memorandum of Association of XL Group Ltd (incorporated by reference to Exhibit 3.3
    to XL Group Ltd's Current Report on Form 8-K filed on July 25, 2016).
4.4
Bye-laws of XL Group Ltd (incorporated by reference to Exhibit 3.4 to
    XL Group Ltd's Current Report on Form 8-K filed on July 25, 2016).
4.5*
XL Group plc 1991 Performance Incentive Program (as amended and restated on May 13, 2016).
4.6*
Amendment to the XL Group plc 1991 Performance Incentive Program, effective July 25, 2016.
4.7
Specimen Share Certificate (evidencing the common shares
        of XL Group Ltd) (incorporated by reference to Exhibit 4.1 to XL Group Ltd's Current Report on Form 8-K filed on
        July 25, 2016).
5.1*
Opinion of AWS Law Limited.
23.1*
Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm.
23.2*
Consent of AWS Law Limited (included as part of Exhibit 5.1).
24.1*
Powers of Attorney (included on signature pages).
99.1*
Acceptance of Appointment of Puglisi & Associates as U.S. Agent for Service of Process.
99.2
"Description of XL Group Ltd Share Capital" (incorporated by reference to the section so entitled of XL Group plc's Proxy Statement on Schedule 14A for the Special Court-Ordered Meeting and Extraordinary General Meeting of Holders of Ordinary Shares held on June 23, 2016, filed on May 11, 2016).
*
Filed herewith.
13