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	<title>Stock Blog Hub &#187; Max Capital Group Limited</title>
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		<title>(TWGP) Tower Group Announces First Quarter Catastrophe Loss Estimates</title>
		<link>http://www.stockbloghub.com/2010/04/01/twgp-tower-group-announces-first-quarter-catastrophe-loss-estimates/32645</link>
		<comments>http://www.stockbloghub.com/2010/04/01/twgp-tower-group-announces-first-quarter-catastrophe-loss-estimates/32645#comments</comments>
		<pubDate>Thu, 01 Apr 2010 21:34:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Axis Capital Holdings Limited]]></category>
		<category><![CDATA[AXS]]></category>
		<category><![CDATA[Max Capital Group Limited]]></category>
		<category><![CDATA[MXGL]]></category>
		<category><![CDATA[Tower Group Inc.]]></category>
		<category><![CDATA[TWGP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32645</guid>
		<description><![CDATA[Property and casualty insurer Tower Group Inc (TWGP) today announced its estimation for first quarter 2010 catastrophe loss. The company approximated a total after-tax catastrophe loss from the northeast storm in the range of $7.2 million to $9.1 million according to preliminary estimates. Prior to this, the company had suffered from Hurricane Ike that occurred in the third quarter of 2008, in the Gulf of Mexico area, causing $1.8 million in net losses. Catastrophe losses adversely affect combined ratio, a measure of insurers’ profitability. Tower Group’s combined ratio was 94.7% at the end of fourth quarter 2009. At the time of the earnings release, management announced its expectation for combined ratio to come down to 92% for the first two quarters of 2010, before shrinking further, to 90% levels. The ]]></description>
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		<title>(MXGL) Max Capital Group Publishes Preliminary Losses</title>
		<link>http://www.stockbloghub.com/2010/03/23/mxgl-max-capital-group-publishes-preliminary-losses/31493</link>
		<comments>http://www.stockbloghub.com/2010/03/23/mxgl-max-capital-group-publishes-preliminary-losses/31493#comments</comments>
		<pubDate>Tue, 23 Mar 2010 17:50:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Axis Capital Holdings Limited]]></category>
		<category><![CDATA[AXS]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[Max Capital Group Limited]]></category>
		<category><![CDATA[MXGL]]></category>
		<category><![CDATA[PartnerRe Limited]]></category>
		<category><![CDATA[PRE]]></category>
		<category><![CDATA[RE]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31493</guid>
		<description><![CDATA[Last week, Max Capital Group Ltd. (MXGL) announced its preliminary loss estimates from the 8.8 magnitude earthquake in Chile, European Windstorm Xynthia and the Australian hailstorms. Max Capital expects to incur combined pre-tax net losses of $10 million to $20 million from the earthquake in Chile and Xynthia windstorm. The estimates of Max Capital are net of reinstatement premiums. Like other insurers, Max had a hard catastrophe year in 2008 while 2009 came as a respite, which affected the company’s underwriting income favorably. However, experts say that 2010 could be a different story. The catastrophe losses early during the year are expected to drain the company’s first quarter 2010 earnings. Estimate Revisions Over the last 30 days as well as last 7 days, the stock of Max Capital has not ]]></description>
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		<title>(MXGL) Max Capital Group-Harbor Point to Merge</title>
		<link>http://www.stockbloghub.com/2010/03/04/mxgl-max-capital-group-harbor-point-to-merge/29806</link>
		<comments>http://www.stockbloghub.com/2010/03/04/mxgl-max-capital-group-harbor-point-to-merge/29806#comments</comments>
		<pubDate>Fri, 05 Mar 2010 00:14:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[CB]]></category>
		<category><![CDATA[Max Capital Group Limited]]></category>
		<category><![CDATA[MXGL]]></category>
		<category><![CDATA[The Chubb Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29806</guid>
		<description><![CDATA[Yesterday, reinsurers Max Capital Group Ltd. (MXGL) and closely held Harbor Point announced their intention to merge. Upon doing so, both companies would dissolve and a new entity named Alterra Capital Holdings would be formed, with Harbor Point holding 52% ownership and Max Capital holding the rest. The new company will be listed on Nasdaq and trade under the ticker symbol ALTE. The stock-for-stock merger will see Max Capital compensating the shareholders of Harbor Point with 3.7769 Max Capital shares for each Harbor Point share. The deal, which was under negotiation for months, has been described as the merger of equals as both the companies have the same values. Upon the completion of the merger, $300 million of cash dividends is expected to be paid out to the shareholders of ]]></description>
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		<title>(MXGL) Max Capital Group Gains on Lower Costs</title>
		<link>http://www.stockbloghub.com/2010/02/12/mxgl-max-capital-group-gains-on-lower-costs/27753</link>
		<comments>http://www.stockbloghub.com/2010/02/12/mxgl-max-capital-group-gains-on-lower-costs/27753#comments</comments>
		<pubDate>Fri, 12 Feb 2010 17:39:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Max Capital Group Limited]]></category>
		<category><![CDATA[MXGL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=27753</guid>
		<description><![CDATA[Max Capital Group (MXGL) reported fourth quarter operating earnings of $1.04 per share, beating the Zacks Consensus Estimate of 99 cents. Results were significantly ahead of the prior-year period loss of $1.52. Results were helped by lower expenses, partially offset by lower premiums written. For the full year 2009, Max Capital reported an operating income of $208.9 million, or $3.62 per diluted share, compared to a net operating loss of $143.8 million, or $2.54 per diluted share last year. Gross premiums written for the quarter were $278.3 million ($276.3 million from Property &#38; Casualty and $2.0 from Life &#38; Annuity), compared with $372.1 million ($224.1 million from P&#38;C and $148.0 from L&#38;A) in the prior-year period. The decrease was due to lower contribution from the L&#38;A segments, which saw no ]]></description>
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		<item>
		<title>(AIG) Insurance Industry Stock Update &#8211; February 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/02/08/aig-insurance-industry-stock-update-february-2010-industry-outlook/27383</link>
		<comments>http://www.stockbloghub.com/2010/02/08/aig-insurance-industry-stock-update-february-2010-industry-outlook/27383#comments</comments>
		<pubDate>Tue, 09 Feb 2010 03:20:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[AHL]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[ALL]]></category>
		<category><![CDATA[Allied World Assurance Company Holdings Limited]]></category>
		<category><![CDATA[Allstate Corporation]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[Ameriprise Financial Inc.]]></category>
		<category><![CDATA[AMP]]></category>
		<category><![CDATA[Aspen Insurance Holdings Limited]]></category>
		<category><![CDATA[AWH]]></category>
		<category><![CDATA[AXA]]></category>
		<category><![CDATA[CNO]]></category>
		<category><![CDATA[Conseco Inc.]]></category>
		<category><![CDATA[EMC Insurance Group Inc.]]></category>
		<category><![CDATA[EMCI]]></category>
		<category><![CDATA[Enstar Group Limited]]></category>
		<category><![CDATA[ESGR]]></category>
		<category><![CDATA[Everest Re Group Limited]]></category>
		<category><![CDATA[FBL Financial Group Inc.]]></category>
		<category><![CDATA[FFG]]></category>
		<category><![CDATA[GLRE]]></category>
		<category><![CDATA[Greenlight Capital Re Limited]]></category>
		<category><![CDATA[Hartford Financial Services Group Inc]]></category>
		<category><![CDATA[HIG]]></category>
		<category><![CDATA[Infinity Property and Casualty Corporation]]></category>
		<category><![CDATA[IPCC]]></category>
		<category><![CDATA[LNC]]></category>
		<category><![CDATA[Manulife Financial Corporation]]></category>
		<category><![CDATA[Max Capital Group Limited]]></category>
		<category><![CDATA[Mercer Insurance Group Inc.]]></category>
		<category><![CDATA[MFC]]></category>
		<category><![CDATA[MIGP]]></category>
		<category><![CDATA[MXGL]]></category>
		<category><![CDATA[PartnerRe Limited]]></category>
		<category><![CDATA[PFG]]></category>
		<category><![CDATA[Phoenix Companies Inc.]]></category>
		<category><![CDATA[PNX]]></category>
		<category><![CDATA[PRE]]></category>
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		<category><![CDATA[Prudential Financial Inc.]]></category>
		<category><![CDATA[Prudential plc]]></category>
		<category><![CDATA[PUK]]></category>
		<category><![CDATA[RE]]></category>
		<category><![CDATA[RenaissanceRe Holdings Limited]]></category>
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		<category><![CDATA[UAM]]></category>
		<category><![CDATA[Unitrin Inc.]]></category>
		<category><![CDATA[Universal American Corp]]></category>
		<category><![CDATA[UTR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=27383</guid>
		<description><![CDATA[The turmoil in the financial markets has created a highly challenging environment for the U.S. insurance industry, forcing many companies to take immense write-downs. This trend is expected to continue at least through the first half of 2010, though there are some early signs of an economic recovery. Also, structural economies of scale have pushed the industry toward consolidation. While enormous financial support from the government rescued AIG (AIG) from collapse, many other firms remain under tremendous pressure or have fallen by the wayside. Competition within the segments of the industry has reduced, which is consolidating through mergers and acquisitions. This has increased the market shares of the largest firms. We expect static growth with persistent soft market conditions and an ongoing market crisis, resulting in further consolidation in the ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(MXGL) Max Capital Group Beats Earnings Guidance</title>
		<link>http://www.stockbloghub.com/2009/11/09/mxgl-max-capital-group-beats-earnings-guidance/20044</link>
		<comments>http://www.stockbloghub.com/2009/11/09/mxgl-max-capital-group-beats-earnings-guidance/20044#comments</comments>
		<pubDate>Mon, 09 Nov 2009 23:21:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[Max Capital Group Limited]]></category>
		<category><![CDATA[MXGL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20044</guid>
		<description><![CDATA[Max Capital Group (MXGL) reported third quarter operating earnings of 92 cents per share, beating the Zacks Consensus Estimate of 76 cents per share. Last year the company reported a loss of $2.57 per share. Results were helped by positive underwriting performance from all the business segments, driven by the expansion of Max’s newer specialty underwriting platforms in the U.S. and at Lloyd’s and a benign hurricane season. Gross premiums written for the quarter were $265.9 million ($265.7 million from Property and Casualty (P&#38;C) and $0.2 million from Life and Annuity), compared with $206.3 million solely from P&#38;C business in the prior-year period. The increase was due to contribution from Max at Lloyd’s segment, U.S. Specialty and modest growth in each of the company’s other property and casualty segments. Net ]]></description>
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