Exhibit 10.2
XL Capital Ltd
July 28, 2008
Ms. Fiona E. Luck
c/o XL Capital Ltd
XL House
One Bermudiana Road
Hamilton, Bermuda HM 11
Dear Fiona:
In connection with the change in your position, time commitment and compensation described in the Form 8-K filed with the United States Securities and Exchange Commission by XL Capital Ltd (the “Company”) of even date herewith (the “Form 8-K”), by this letter we hereby amend Section 8(d)(iv) and Exhibit B of your Employment Agreement with the Company dated November 1, 2006 to provide that any written notice pursuant thereto resulting from such changes set forth in the Form 8-K may be given by you at any time prior to January 31, 2009.
| Sincerely, | |||
| XL CAPITAL LTD | |||
| By: | /s/ Brian W. Nocco | ||
| Title: Chief Financial Officer | |||
| ACKNOWLEDGED AND AGREED: | ||
| /s/ Fiona E. Luck | ||
| Fiona E. Luck | ||
| XL Insurance Ltd | ||
| By: | /s/ Brian W. Nocco | |
| Title: Chief Financial Officer | ||
| XL Re Ltd | ||
| By: | /s/ Brian W. Nocco | |
| Title: Chief Financial Officer | ||
