Capital Re.

In a Press release the company said it is reviewing its options following the announcement by Capital Re that it had signed an amended merger agreement with ACE Ltd.

XL said it would: "use the same evaluation criteria as with other acquisition opportunities.'' The company added that there must be a `strategic fit' and the expected financial results attractive to continue in the chase.

STOCK REPURCHASE PLAN APPROVED STK BUC Stock repurchase plan approved Mutual Risk Management Ltd yesterday announced that its board of directors had approved an increase in its stock repurchase programme.

It authorised the repurchase of an additional two million shares, taking the total up to five million shares.

Since the stock repurchase programme was announced at the beginning of October, the company has completed the purchase of 2.63 million common shares at an average price of $12.42 per share.

The transactions have been made both in block purchases, on the open market and privately negotiated transactions.