Exhibit 21

Subsidiaries
As of December 31, 2011

		%	JURISDICTION
XL Group plc				Ireland
XLIT Ltd.				Cayman
XL Company Switzerland GmbH				Switzerland
XL Capital Partners Corporation				Cayman
XL Capital Principal Partners I, L.L.C.				Delaware
EXEL Holdings Limited				Cayman
X.L. Property Holdings Limited				Bermuda
XL Insurance (Bermuda) Ltd				Bermuda
Mid Ocean Holdings Limited				Bermuda
XL London Market Group Ltd				UK
Brockbank Holdings Ltd				UK
Baltusrol Holdings Ltd				Bermuda
County Down Limited				UK
Dornoch Limited				UK
Stonebridge Underwriting Ltd				UK
XL London Market Ltd- Syndicate 1209				UK
XL London Market Services Ltd				UK
Denham Tower Underwriting Agents (PTY) Limited (in liquidation)				South Africa
XL Re Ltd				Bermuda
XL BCM Limited				UK
XL CCM Ltd (in liquidation)				UK
ECS Reinsurance Company Inc.				Barbados
Global Capital Underwriting Ltd.				UK
Fundamental Insurance Investments Ltd				Bermuda
FII Partners LLC	99			Delaware
FII Partners Ltd				Bermuda
FII Partners LLC	1			Delaware
XL Re Europe Limited				Ireland
XL Re Latin America Ltd				Switzerland
XL Latin America Investments Ltd				Bermuda
XL Re Brazil Holdings AG				Switzerland
XL Re Participacoes Brasil Ltda.				Brazil
XL Resseguros Brasil S.A.				Brazil
XL Re Latin America (Argentina SA)	80			Argentina

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XL Re Latin Escritorio de Representacao no Brasil Ltda		Brazil
XL Re Europe Services AG (in liquidation)		Germany
XL PP Limited (in liquidation)		UK
XL (Brazil) Holdings Ltda		Brazil
XL Services (Bermuda) Ltd		Bermuda
XL Life Ltd		Bermuda
Reeve Court General Partner Limited		Bermuda
Reeve Court 4 Limited Partnership		Bermuda
Reeve Court 6 Limited Partnership		Bermuda
XL Gracechurch Limited		UK
XL Insurance (UK) Holdings Limited		UK
XL Capital Finance (Europe) plc		UK
XL Insurance Argentina S.A. Compañia de Seguros	90	Argentina
XL Services UK Limited		UK
XL Insurance Company Limited		UK
XL Insurance Argentina S.A. Compañia de Seguros	10	Argentina
XL Insurance (China) Company Ltd	49	China
XL Holdings Proprietary Limited		South Africa
XL Insurance Company Ltd		South Africa
XL Financial Holdings (Ireland) Limited		Ireland
XL Finance (Ireland) Limited		Ireland
XL Services Canada Ltd.		Canada
*X.L. America, Inc.		Delaware
XL Financial Solutions, Inc.		Delaware
XL Capital Investment Partners Inc.		Delaware
XL Group Investments Ltd		Bermuda
XLA Garrison L.P.		Delaware
NAC Re Corporation		Delaware
XL Reinsurance America Inc. *(A-65%) - NY		New York
XL Insurance (China) Company Ltd	51	China
Greenwich Insurance Company *(A-12%)		Delaware
Global Asset Protection Services, LLC		Connecticut
Global Asset Protection Services Company Limited		Japan
Global Asset Protection Services Consultancy (Beijing) Company Limited		China
XL Insurance America, Inc. *(A-10%)		Delaware
XL Select Insurance Company *(A-2%)		Delaware
XL Insurance Company of New York, Inc. * (A-3%)		New York
XL Specialty Insurance Company *(A-6%)		Delaware
Indian Harbor Insurance Company *(A-2%)		North Dakota

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37 Lambert Road LLC		Delaware
XL Global, Inc.		Delaware
X.L. Global Services, Inc.		Delaware
XL Investment Management (USA) LLC		Delaware
Eagleview Insurance Brokerage Services, LLC		Delaware
XL Life and Annuity Holding Company		Delaware
XL Life Insurance and Annuity Company		Illinois
XL Asset Funding Company I LLC		Delaware
ECS, Inc. (in liquidation)		Pennsylvania
XL Investments Ltd		Bermuda
XL Capital Products Ltd		Bermuda
XL SGS Holdings Inc.		Delaware
Garrison Investments Inc. (**)		Barbados
Kensington Investments Inc.		Barbados
XLB Partners Inc.		Barbados
X.L. Investments (Barbados) Inc.		Barbados
ClearWater Opportunity Fund Ltd.		Cayman
XL (FINANCE) S.a.r.l.		Luxembourg
XL (INTERNATIONAL) S.a.r.l.		Luxembourg
XL (SERVICES) S.a.r.l.		Luxembourg
XL (SPECIALTY) S.a.r.l.		Luxembourg
XL (WESTERN EUROPE) S.a.r.l.		Luxembourg
XL Swiss Holdings Ltd		Switzerland
XL Re Latin America (Argentina SA)	20	Argentina
XL Insurance Switzerland Ltd.		Switzerland
Vitodurum Reinsurance Company Ltd.		Switzerland
XL Services Switzerland AG		Switzerland
XL India Business Services Private Limited		India
XL Insurance Mexico SA de CV		Mexico
*A = Company is a member of the Reinsurance America Inc. Pooling Agreement with individual company pooling % noted (**) - Limited Partner of XLA Garrison L.P.