Max Re Announces Executive Appointments

March 4, 2005

Max Re Ltd., has announced the following appointments in its insurance division. All appointments are still pending Bermuda Immigration approval.

Angelo Guagliano has been appointed president and chief underwriting officer, insurance division. Guagliano’s responsibilities will include oversight of all underwriting activities, as well as the day-to-day management of the operational aspects of the division.

John Boylan has been appointed chief underwriting officer, general liability. In his capacity, Boylan, who is based in Dublin, will be responsible for Max Re’s global general liability insurance underwriting and production business.

Jim Gray has been appointed chief underwriting officer, professional liability. Gray will be responsible for global professional liability insurance underwriting and production activities.

Louis Adanio has been appointed chief underwriting officer, property. Adanio will be responsible for all property underwriting activities for Max Re and property production activities for the insurance division.

Robert Cooney, president & CEO of Max Re Ltd., stated, “Max Re’s insurance division, formed two years ago, has already provided great value to our clients and shareholders. We believe that these appointments, aimed at creating a more unified and global platform, will build on these early successes and allow Max Re to more efficiently deliver its services to its customers.”

Max Re Capital Ltd. through its principal operating subsidiaries, Max Re Ltd., Max Insurance Europe Limited and Max Re Europe Limited, offers customized risk financing solutions to property and casualty insurers, life and health insurers and large corporations.

Topics Underwriting

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