Max Capital Group Ltd.
News and overview for Max Capital Group Ltd.
Max Capital Group Ltd. Reports Third-Quarter 2009 Earnings [Press Release]
Business Wire | 18 days 14 hours 26 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 | 13 days 13 hours 26 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 Group Ltd. Announces $0.10 Dividend [Press Release]
Business Wire | 18 days 14 hours 25 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 | 18 days 5 hours 3 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.
S&P and PricewaterhouseCoopers' Fourth Annual Bermuda (Re)insurance Conference Looks At Finding the Upside of Financial Turbulence [Press Release]
PRNewswire | 46 days 8 hours 53 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 | 32 days 7 hours 59 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 | 31 days 15 hours 34 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 | 17 days 2 hours 52 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 | 13 days 3 hours 51 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.
Argo Group Appoints Tees and Reeves to Finance Team
Insurance Journal | 12 days 14 hours 27 minutes ago
The Bermuda-based Argo Group International Holdings, Ltd., the successor to Texas insurer Argonaut, announced the appointment of N. James Tees as chief accounting officer and treasurer, and Rip Reeves as chief investment officer. Both will report to Argo Group CFO Jay Bullock.
GE Capital, Corporate Retail Finance Provides $1.6 billion in Financing Through Q3 2009 [Press Release]
Business Wire | 19 days 13 hours 26 minutes ago
GE Capital, Corporate Retail Finance ended Q3 as one of the most active providers of financing to retailers in the U.S. and Canada, deploying approximately $1.6 billion throughout the first nine months of the year.
UPDATE: Burford Capital Raises GBP80M In 5th AIM Float Of '09
Wall Street Journal, The | 37 days 16 hours 10 minutes ago
(Adds detail and executive comment.) By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Burford Capital Ltd., an investment company that helps fund lawsuits in exchange for a slice of any winnings, Friday said it raised GBP80 million in the fifth initial public offering on London's junior Alternative Investment Market so far this year.
OILEX LTD - Oilex Annual Report 2009 [Press Release]
PRNewswire | 61 days 20 hours 23 minutes ago
Oilex Ltd regrets that AIM does not have the facilities to allow the Annual Report for 2009 to be published in a conventional format. To view the entire Annual Report including figures please acccess the Australian Stock Exchange website
Strauss Group Reports Steady Revenues With Increased Operating and Net Profit in First Six Months 2009 [Press Release]
PRNewswire | 89 days 15 hours 55 minutes ago
TEL AVIV, Israel, August 25 /PRNewswire-FirstCall/ -- The Strauss Group (STRS.TA) today reported its results for the second quarter and first six months of 2009.
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Arizona Republic (Phoenix), The | 10 days 17 hours 55 minutes ago
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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 |