Max Capital Group Ltd.

News and overview for Max Capital Group Ltd.

Max Capital Group Announces David Kalainoff Will Lead Reinsurance Operations in Bermuda and Ireland [Press Release]
Business Wire | 13 hours 18 minutes ago
Max Capital Group Ltd. (NASDAQ:MXGL; BSX:MXGL BH) today announced that David Kalainoff has been appointed President of Reinsurance Operations.


Max Capital Group Ltd. Reports Third-Quarter 2009 Earnings [Press Release]
Business Wire | 20 days 12 minutes ago
Max Capital Group Ltd. (NASDAQ: MXGL; BSX: MXGL BH) today reported net income of $95.3 million, or $1.64 per diluted share for the quarter ended September 30, 2009, compared to a net loss of $163.2 million, or $2.89 per diluted share for the quarter ended September 30, 2008.


Max Capital Group Announces Appointment of Tim Rowan as Professional Liability Underwriter for Max Managers [Press Release]
Business Wire | 14 days 23 hours 12 minutes ago
Max Capital Group Ltd. (NASDAQ:MXGL; BSX:MXGL BH) today announced the appointment of Timothy Rowan as Senior Vice President, Professional Liability for Max Managers USA Ltd., a managing general underwriter principally for Max Specialty Insurance Company.


Max Capital names David Kalainoff new president of reinsurance operations
Hartford Courant (Conn.), The | 12 hours 6 minutes ago
Insurer Max Capital Group Ltd. said Monday that David Kalainoff has been appointed president of reinsurance operations.


Max Capital names David Kalainoff new president of reinsurance operations -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 12 hours 27 minutes ago
NEW YORK (AP) — Insurer Max Capital Group Ltd. said Monday that David Kalainoff has been appointed president of reinsurance operations.


Max Capital Group Ltd. Announces $0.10 Dividend [Press Release]
Business Wire | 20 days 11 minutes ago
Max Capital Group Ltd. (NASDAQ: MXGL; BSX: MXGL BH) announced today that the Company’s Board of Directors, at a meeting held on November 3, 2009, declared a dividend of $0.10 per share. The dividend is payable on November 30, 2009, to shareholders of record as of November 16, 2009.


Max Capital Reports 3Q Net Income Of $95.3 Million
National Underwriter | 19 days 14 hours 49 minutes ago
Max Capital Group Ltd. reported third-quarter net income of $95.3 million, compared to a 2008 third-quarter net loss of $163.2 million.


Max Capital names new president of reinsurance ops
Seattle Times, The | 11 hours 38 minutes ago
Insurer Max Capital Group Ltd. said Monday that David Kalainoff has been appointed president of reinsurance operations.


Max Capital Names New President of Reinsurance Ops
ABC News | 11 hours 52 minutes ago
Max Capital names David Kalainoff new president of reinsurance operations


Wire Business News
Sacramento Bee (Calif.), The | 12 hours 15 minutes ago
NEW YORK -- Insurer Max Capital Group Ltd. said Monday that David Kalainoff has been appointed president of reinsurance operations.


S&P and PricewaterhouseCoopers' Fourth Annual Bermuda (Re)insurance Conference Looks At Finding the Upside of Financial Turbulence [Press Release]
PRNewswire | 47 days 18 hours 39 minutes ago
NEW YORK Oct. 7 /PRNewswire/ -- With (re)insurers looking to position themselves for growth as they manage their capital, yet still brace for continued potential investment losses, the fourth annual (Re)insurance conference being sponsored by Standard & Poor's Ratings Services and PricewaterhouseCoopers will focus on "Finding the Upside of Financial Turbulence." The event will be held on Nov. 12-13, 2009 at The Fairmont Hamilton Princess in Bermuda. The conference panels will look at the risk...


Adam Mullan Appointed CEO Of Max At Lloyd's
National Underwriter | 33 days 17 hours 45 minutes ago
Adam Mullan has been appointed chief executive officer of Max at Lloyd's Ltd., Bermuda-based Max Capital Group Ltd.


Mullan Appointed CEO of Max Capital's Lloyd's Syndicates
Insurance Journal | 33 days 1 hour 20 minutes ago
The Bermuda-based Max Capital Group Ltd. announced the appointment of Adam Mullan as Chief Executive Officer of Max at Lloyd's Ltd., the Lloyd's managing agent for Syndicates 1400, 2525 and 2526. The appointment is subject to the approval of the UK Financial Services Authority (FSA).


UPDATE 1-Validus Q3 oper EPS tops Street
Reuters | 18 days 12 hours 38 minutes ago
Nov 5 (Reuters) - Bermuda reinsurer Validus Holdings Ltd (VR.N) posted a quarterly operating profit exceeding analysts' estimates, aided in part by a 10 percent rise in net premiums earned, and said it would buy back $400 million of its common stock.


Argo Group Appoints Two Industry Veterans to Its Finance Team [Press Release]
Business Wire | 14 days 13 hours 37 minutes ago
Argo Group International Holdings, Ltd. (NasdaqGS: AGII), an international underwriter of specialty insurance and reinsurance products, is pleased to announce two officer appointments to its finance division.





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Company Overview


Company: Max Capital Group Ltd.
Industry: Reinsurance
Website: http://www.maxcapgroup.com

Enjoying the tax-friendly climate in Bermuda, Max Capital Group provides property/casualty reinsurance and insurance, along with life and annuities reinsurance, through Max Bermuda, Max Europe, Max Specialty, and other subsidiaries. The company specializes in reinsurance for workers' compensation, employers' liability, medical malpractice, property damage, and other casualty liability risks. Its insurance offerings include excess and surplus lines, such as liability, professional, and property coverage geared for large companies. The company's policies are sold through large brokerage and intermediary firms.


Key Numbers

Sales in U.S. Dollars (mil.) 747 (2008)
One-year % Growth in Sales -37.2 (2008)
Net Income in U.S. Dollars (mil.) -175.3 (2008)
One-year % Growth in Net Income 0.0 (2008)
Number of Employees 336 (2008)
One-year % Growth in Number of Employees 60.8 (2008)
Fiscal Year-End December