Transcript of Max Capital Group Ltd. Q1 2009 Earnings Conference Call
Welcome to Max Specialty
Max Specialty Insurance Company is an excess and surplus commercial lines insurer committed to providing a wide array of viable and creative solutions for your client’s individual needs. We are focused on maintaining a consistent, financially sound and reliable market with the ability to quickly adapt to change. Our team of insurance specialists has extensive knowledge and expertise in the excess and surplus lines segment of the commercial insurance marketplace.
Max Specialty was launched in the second quarter of 2007 as a US-based excess and surplus lines platform of Bermuda-based Max Capital Group Ltd. Max Specialty operates across three divisions, Brokerage, Contract Binding and Marine.
Max Specialty is a member of the Max Capital Group.
Max Capital Group to Build Professional Liability Team at Max Specialty
The development of a Professional Liability underwriting capability at Max Specialty represents a further step in our strategic plan to diversify the operations of Max and to build out the distinctive specialty underwriting capabilities of Max Specialty.
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Pictures from Max Specialty´s Producer Event at Casa de Campo
Max Specialty hosted a producer appreciation event for our top producers April 16-19, 2009 at Casa de Campo in the Dominican Republic.
To view pictures of the event, click here.
Bullish Plans
Max Specialty talks about its strategies for 2009.
Max Capital Group Sends New-Year Letter to Company´s Shareholders, Employees and Other Stakeholders
W. Marston (Marty) Becker, Chairman and Chief Executive Officer of Max Capital Group Ltd., today issued a letter on Max Capital´s performance and progress in 2008 and on its 2009 outlook.
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A.M. Best Assigns Ratings to Max America Insurance Company
A.M. Best Company has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of "a-" to Max America Insurance Company (MAIC) (South Bend, IN). The outlook for both ratings is positive.
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A.M. Best Revises Outlook to Positive and Affirms Ratings of Max Capital Group Ltd. and Its Subsidiaries
A.M. Best Co. has revised the outlook to positive from stable for all ratings of Max Capital Group Ltd. and its subsidiaries.
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Dennis Marvin Elected Chairman of AIMU
The American Institute of Marine Underwriters has elected Dennis Marvin, VP of Ocean Marine for Max Specialty, as their 49th chairman.
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Max at Lloyd´s
Max Capital Group completes acquisition of Max at Lloyd´s.
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Max Specialty adds New Hampshire
Max Specialty is now an eligible surplus lines insurer in a total of 49 states, including New Hampshire.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This website includes statements about future economic performance, finances, expectations, plans and prospects of Max Capital Group Ltd. (“Max”) that constitute forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by such statements. For further information regarding cautionary statements and factors affecting future results, please also refer to the most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q filed subsequent to the Annual Report and other documents filed by Max with the SEC. Max undertakes no obligation to update or revise publicly any forward-looking statement whether as a result of new information, future developments or otherwise.
This website contains certain forward-looking statements within the meaning of the U.S. federal securities laws. Statements that are not historical facts, including statements about our beliefs, plans or expectations, are forward-looking statements. These statements are based on our current plans, estimates and expectations. Some forward-looking statements may be identified by our use of terms such as “believes,” “anticipates,” “intends,” “expects” and similar statements of a future or forward looking nature. In light of the inherent risks and uncertainties in all forward-looking statements, the inclusion of such statements in this website should not be considered as a representation by us or any other person that our objectives or plans will be achieved. A non-exclusive list of important factors that could cause actual results to differ materially from those in such forward-looking statements includes the following: (a) the occurrence of natural or man-made catastrophic events with a frequency or severity exceeding our expectations; (b) the adequacy of our loss reserves and the need to adjust such reserves as claims develop over time; (c) any lowering or loss of financial ratings of any wholly-owned operating subsidiary; (d) the effect of competition on market trends and pricing; (e) changes in general economic conditions, including changes in interest rates and/or equity values in the United States of America and elsewhere and continued instability in global credit markets; and (f) other factors set forth in the most recent reports on Form 10-K, Form 10-Q and other of Max on file with the SEC.