Max Re Announces New Appointments

February 24, 2005

Bermuda-based Max Re Capital Ltd. announced that its subsidiary, Max Re Ltd., has made the following appointments in its reinsurance division:
— John Doucette has been appointed president and chief underwriting officer. His responsibilities will include overseeing all underwriting activities, as well as the day-to-day management of the division’s operations.
— Clark Hontz has been appointed vice Chairman. In this capacity he will be responsible for business planning/strategy and new business production.
— David Kalainoff has been appointed chief underwriting officer – Traditional Reinsurance. He will be responsible for global traditional casualty reinsurance underwriting and production for the division.
— Adam Mullan has been appointed chief underwriting officer, Specialty Reinsurance. Mullan, who is based in Dublin, will be responsible for global specialty lines underwriting activities and production, including Aviation, Marine, Energy and Property.

The bulletin noted that the appointments, while still pending Bermuda Immigration approval, “are part of the continuing effort of Max Re Ltd. to provide outstanding service to its client and broker partners.”

Robert Cooney, President, CEO and Chairman of Max Re, stated: “We expect that this line-up of highly talented and experienced underwriters will continue to provide our clients with the outstanding level of service and responsiveness that they have come to expect, while providing greater clarity and transparency to our underwriting process.”

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