Document:

Exhibit 10.10

                      DIRECTORS RESTRICTED STOCK AGREEMENT

                  AGREEMENT, made and entered into as of _________ ___, 200__ by
and between XL Capital Ltd, a Cayman Islands corporation ("XL"), and <<Grantee>>
(the "Grantee").

                  WHEREAS, the Grantee is a nonemployee member of the Board of
Directors of XL; and

                  WHEREAS, XL has granted to the Grantee a Restricted Stock
Award under XL's Directors Stock & Option Plan;

                  NOW, THEREFORE, in consideration of the premises and mutual
covenants contained herein, and for other good and valuable consideration, XL
and the Grantee agree as follows:

                  (a) GRANT OF RESTRICTED STOCK.

                  XL hereby grants to the Grantee, for cash consideration of
US$0.01 per share, an award (the "Award") of <<No. of Shares>> Ordinary Shares,
US $0.01 par value per share, of XL ("Shares"), subject to the restrictions set
forth below (the "Restricted Stock"). The date of grant of the Award is
___________, 200_ (the "Date of Grant"). The Award is granted pursuant to the
terms of XL's Directors Stock & Option Plan, the terms of which are incorporated
by reference herein.

                  (b)   ISSUANCE OF RESTRICTED STOCK

                  A stock certificate representing the Restricted Stock granted
and issued to the Grantee under the Award shall be issued in the Grantee's name
upon the Grantee's delivery to
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XL of the par value for such shares of Restricted Stock in such form as XL may
require. The stock certificate shall be held in the custody of XL for the
Grantee's account.

                  (c)   RESTRICTED PERIOD.

                  The Restricted Period means the period of time from the Date
of Grant until the first anniversary of the Date of Grant, during which period
the restrictions imposed upon the Award by paragraph (d) below shall apply. The
Award will be vested in full on the Date of Grant.

                  (d)   RIGHTS AND RESTRICTIONS.

                  From the Date of Grant the Grantee shall have all of the
rights and privileges of a shareholder as to the Restricted Stock, including the
right to receive dividends and the right to vote such Restricted Stock, EXCEPT
THAT, the following restrictions shall apply: (i) the Grantee shall not be
entitled to delivery of a stock certificate representing the Restricted Stock
until the expiration of the Restricted Period; and (ii) no share of Restricted
Stock may be sold, transferred, assigned, pledged, or otherwise disposed of
before the expiration of the Restricted Period.

                  (e)   LAPSE OF RESTRICTIONS; DELIVERY OF CERTIFICATE.

                  Upon the expiration of the Restricted Period, the restrictions
applicable to the Restricted Stock shall lapse. As promptly as administratively
feasible thereafter, XL shall deliver to Grantee, or if Grantee is deceased, to
Grantee's personal representative, a stock certificate for such Shares free of
all such restrictions.

                  (f)   STATUS OF SHARES.

                  Upon issuance, the Restricted Stock shall rank equally in all
respects with the other outstanding Shares of XL and shall be fully paid.
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                  (g)   REFERENCES.

                  References herein to rights and obligations of the Grantee
shall apply, where appropriate, to the estate or personal representative of the
Grantee without regard to whether specific reference to them is contained in a
particular provision of this Agreement.

                  (h)   NOTICE.

                  Any notice or communication to be given to XL under this
Agreement shall be in writing and shall be deemed to have been given when
delivered personally or sent by certified or registered mail, postage prepaid,
duly addressed to XL Capital Ltd, XL House, One Bermudiana Road, Hamilton HM 08,
Bermuda.

                  (i)   GOVERNING LAW.

                  This Agreement shall be governed by and construed in
accordance with the laws of the State of New York, without reference to the
principles of conflict of laws thereof.
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                  IN WITNESS WHEREOF, the parties hereto have duly caused this
Agreement to be executed and delivered on the date first above written.

                                           XL Capital Ltd

                                           By: ______________________________

                                           __________________________________
                                           <<Grantee>>Exhibit 10.11

                     PERFORMANCE RESTRICTED STOCK AGREEMENT

               AGREEMENT, made and entered into as of _________ ___, 200__ by
and between XL Capital Ltd, a Cayman Islands corporation ("XL"), and <<Grantee>>
(the "Grantee").

               WHEREAS, the Grantee is an employee of XL and/or any of its
subsidiaries (collectively called the "Company"); and

               WHEREAS, XL regards the Grantee as a valuable employee of the
Company and has determined it to be in the interest of the Company to grant to
the Grantee an award of Performance Restricted Shares under the Company's 1991
Performance Incentive Program;

               NOW, THEREFORE, in consideration of the premises and mutual
covenants contained herein, and for other good and valuable consideration, XL
and the Grantee agree as follows:

                  (a)   GRANT OF RESTRICTED SHARES.

                  XL hereby grants to the Grantee, for a cash consideration of
US$0.01 per Share, an award (the "Award") of <<NoOfShares>> Ordinary Shares, US
$0.01 par value per share, of XL ("Shares"), subject to the restrictions set
forth below (the "Restricted Shares"). The date of grant of the Award shall be
the date set forth above (the "Date of Grant"). The Award is granted pursuant to
the terms of the Company's 1991 Performance Incentive Program, which is
incorporated by reference herein.
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                  (b)   ISSUANCE OF RESTRICTED SHARES.

                  A stock certificate representing the Restricted Shares granted
and issued to the Grantee under the Award shall be issued in the Grantee's name
upon the Grantee's delivery to XL of the par value for such Shares in such form
as XL may require.

                  The stock certificate shall be held in custody by XL for the
Grantee's account.

                  (c)   RESTRICTED PERIOD.

                  The Restricted Period means the period of time from the date
hereof until the Award vests, during which period the restrictions imposed upon
the Award by paragraph (d) below shall apply. The Award will vest as follows:

               (i) 25% of the Shares subject to the Award will vest on each of
the first, second, third and fourth anniversaries of the Date of Grant (or, if
later, the date the Board determines that the applicable ROE (as defined below)
threshold has been met), in each case if, and only if, the consolidated return
on equity of the Company, as determined by the Board, (the "ROE") for the
immediately preceding calendar year equals or exceeds [__]%.

               (ii) If in any year the Shares subject to vesting for the first
time under (i) above do not vest because the ROE for the immediately preceding
calendar year was below the [__]% threshold set forth in (i) above, such Shares
will vest on the next anniversary of the Date of Grant (or, if later, the date
the Board determines that the applicable ROE threshold has been met), in each
case if, and only if, the ROE for the two calendar year period immediately
preceding such next anniversary (for this purpose treating the ROE for any
calendar year as not less than zero) equals or exceeds [__]% per annum,
compounded annually.

               (iii) If Shares fail to vest in two or more successive years due
to the failure to achieve the required ROE thresholds, such Shares will vest on
the next anniversary of the
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Date of Grant (or, if later, the date the Board determines that the applicable
ROE threshold has been met), in each case if, and only if, the ROE for the three
calendar year period immediately preceding such next anniversary (for this
purpose treating the ROE for any calendar year as not less than zero) equals or
exceeds [__]% per annum, compounded annually.

               (iv) Notwithstanding the foregoing, the Award shall vest in full
on the tenth anniversary of the Date of Grant or upon an Early Termination (as
defined in paragraph (e) below).

               (v) ROE determinations for a period shall be made by the Board no
later than the 20th day of February next following the end of the period.

                  (d)   RIGHTS AND RESTRICTIONS.

                  The Grantee shall generally have the rights and privileges of
a shareholder as to the Restricted Shares, including the right to receive
dividends and the right to vote such Restricted Shares, EXCEPT THAT, the
following restrictions shall apply: (i) the Grantee shall not be entitled to
delivery of a stock certificate representing the Restricted Shares until the
expiration or Early Termination of the Restricted Period; (ii) no Restricted
Share may be sold, transferred, assigned, pledged, or otherwise encumbered,
tendered or exchanged, or disposed of before the expiration or Early Termination
of the Restricted Period; and (iii) the Restricted Shares shall be forfeited to
XL and redeemed by it for US$0.01 per Share and all rights of the Grantee to
such Restricted Shares shall terminate without further obligation on the part of
XL unless the Grantee has continuously remained an employee of the Company until
the expiration date of the Restricted Period or its Early Termination.

                  In the case of a tender or exchange offer that is applicable
to any outstanding Restricted Shares with respect to which restrictions have not
lapsed, the Board of Directors of
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XL, and not the Grantee, shall have the sole right to determine and to instruct
the Company as to whether such Restricted Shares are to be tendered or
exchanged.

                  (e)   EARLY TERMINATION.

                  The restrictions contained in paragraph (d) above and the
Restricted Period shall terminate immediately ("Early Termination") upon the
happening of any of the following events:

                  (i)   DEATH OF GRANTEE. In the event the Grantee dies while in
                        the employment of the Company.

                  (ii)  TERMINATION OF EMPLOYMENT DUE TO DISABILITY. In the
                        event the Grantee's employment with the Company is
                        terminated by the Company by reason of the Grantee's
                        Disability. "Disability" means the inability of the
                        Grantee, as a result of accident or sickness, to perform
                        the duties pertaining to his occupation or employment
                        with the Company as determined by the Company.

                  (iii) TERMINATION OF EMPLOYMENT DUE TO RETIREMENT. In the
                        event the Grantee's employment with the Company is
                        terminated due to his or her Retirement.

                  (iv)  CHANGE OF CONTROL. In the event there is a Change of
                        Control of the Company.
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                  (f)   LAPSE OF RESTRICTIONS; DELIVERY OF CERTIFICATE.

                  Upon the expiration of the Restricted Period, or its Early
Termination, the restrictions applicable to the Restricted Shares shall lapse.
As promptly as administratively feasible thereafter, XL shall deliver to
Grantee, or if Grantee is deceased, to Grantee's personal representative, a
stock certificate for such Shares free of all such restrictions.

                  (g)   STATUS OF SHARES.

                  Upon issuance, the Restricted Shares shall rank equally in all
respects with the other outstanding Shares of XL and shall be fully paid.

                  (h)   ADJUSTMENTS FOR RECAPITALIZATIONS, ETC.

                  In the event of any change in the number or nature of Shares
outstanding prior to the lapse of restrictions with respect to the Award, by
reason of stock dividends, split-ups, recapitalizations, combinations, exchanges
of shares or the like, the number of Shares subject to the Award shall be
adjusted accordingly by the Board of Directors of XL so as to avoid dilution or
other material adverse effect to the Grantee's rights hereunder.

                  (i)   OBLIGATIONS AS TO CAPITAL.

                  XL agrees that it will at all times maintain authorized and
unissued share capital sufficient to fulfill all of its obligations under this
Agreement.

                  (j)   WITHHOLDING.

                  The Grantee agrees to make appropriate arrangements with XL
for satisfaction of any applicable income tax withholding requirements or social
security or similar requirements arising out of the Award. Such withholding tax
obligations may be satisfied by withholding Shares from this Award; provided
that the amount of tax withholding to be satisfied by with-

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holding Shares shall be limited to the minimum amount of taxes, including
employment taxes, required to be withheld under applicable law.

                  (k)   REFERENCES.

                  References herein to rights and obligations of the Grantee
shall apply, where appropriate, to the estate or personal representative of the
Grantee without regard to whether specific reference to them is contained in a
particular provision of this Agreement.

                  (l)   NOTICE.

                  Any notice or communication to be given to XL under this
Agreement shall be in writing and shall be deemed to have been given when
delivered personally or sent by certified or registered mail, postage prepaid,
duly addressed to XL Capital Ltd, XL House, One Bermudiana Road, Hamilton HM 08,
Bermuda.

                  (m)   GOVERNING LAW.

                  This Agreement shall be governed by and construed in
accordance with the laws of the State of New York without reference to the
principles of conflict of laws.
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                  IN WITNESS WHEREOF, the parties hereto have duly caused this
Agreement to be executed and delivered on the date first above written.

                                              XL Capital Ltd

                                              By: ______________________________

                                              ________________________________
                                              <<Grantee>>

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