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A.M. Best Places Ratings of Max Capital Group Ltd. and Its Subsidiaries Under Review with Positive Implications Due to Merger

Posted on 04 Mar 2010

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A.M. Best Co. has placed the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of "a-" of the operating subsidiaries of Max Capital Group Ltd. under review with positive implications following the recent announcement of its intent to merge with Harbor Point Limited.

These rating actions apply to Max's lead operating company, Max Bermuda Ltd, its affiliated operating subsidiaries, the ICR of "bbb-" and all debt ratings of Max. All the above named companies are domiciled in Hamilton, Bermuda. (See below for a detailed list of the companies and ratings.)


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