| Business Summary | | Max
Re
Capital
Ltd.
(Max)
is
a
Bermuda-based
provider
of
reinsurance
for
both
the
life
and
annuity,
including
disability,
and
property
and
casualty
insurance
markets.
Max
differentiates
itself
by
offering
structured
reinsurance
products
in
both
markets,
and
by
targeting
superior
risk-adjusted
returns
from
its
diversified
investment
portfolio.
To
better
manage
its
reinsurance
liability
exposure,
allocate
its
investments,
and
assess
its
overall
risk,
the
Company
models
its
underwriting
and
investments
on
an
integrated
basis.
Max
offers
customized,
alternative
risk
transfer
reinsurance
products
designed
to
produce
large
premiums
payable
upon
execution
of
the
Company's
reinsurance
contracts,
generate
more
predictable
cash
payments
to
clients
over
many
years
and
limit
underwriting
risk
through
the
terms
of
its
reinsurance
contracts. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Max
Re
Capital
Ltd.
is
a
provider
of
reinsurance
for
both
the
life
and
annuity
and
property
and
casualty
insurance
markets.
For
the
six
months
ended
6/30/01,
total
revenues
increased
2%
to
$242.9
million.
Net
income
totaled
$1.1
million
vs.
a
loss
of
$4.3
million.
Revenues
reflect
an
increase
in
property
and
casualty
net
premiums
and
a
gain
on
alternative
investments
of
$20.1
million
vs.
a
loss
of
$8.4
million.
Net
income
also
reflects
improved
operating
margins. | More
from
Market Guide: Significant
Developments |
| Officers | | Robert
J. Cooney,
Chmn./Pres./CEO W. Dave
Brining,
Exec. VP Luc
Gagnon,
Exec. VP Keith
S. Hynes,
Exec. VP/CFO Philip
R. Kruse
Exec. VP,
Peter
A. Minton Exec. VP. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|