2009-11-23 23:55:02 -

Max Capital Group Ltd. (NASDAQ:MXGL; BSX:MXGL BH) today announced that David Kalainoff has been appointed President of Reinsurance Operations.

W. Marston (Marty) Becker, Chairman and Chief Executive Officer of Max Capital Group Ltd., commented: "Dave is a longstanding and valued member of Max’s senior leadership team and is well equipped to assume management responsibility for all of the Group’s reinsurance activities

outside of Lloyd’s. Dave has an impressive track record as a reinsurance underwriter and is a very capable leader. During the past several years, he has successfully built a profitable book of casualty reinsurance business for Max. We believe that Dave has the skills, experience and motivation that will be critical as we seek to further develop our global reinsurance platform.”


David J. Kalainoff joined Max in 2003, most recently serving as Managing Director Reinsurance and Executive Vice President and Chief Underwriting Officer, Casualty Reinsurance of Max Bermuda. David has 30 years of casualty underwriting experience, most recently with Transatlantic Reinsurance Company in New York, where he served as Senior Vice President of Specialty Casualty. Prior to joining Transatlantic in 1996, he held management positions at Fireman’s Fund Insurance Company and Continental Insurance Company. David holds a Bachelor of Science degree in Business Education from Arizona State University and an M.B.A. from DePaul University.

Operating from offices in Bermuda, Ireland, the USA and at Lloyd's, Max Capital Group Ltd. is a global enterprise dedicated to providing diversified specialty insurance and reinsurance products to corporations, public entities, property and casualty insurers, and life and health insurers.



CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This release includes statements about future economic performance, finances, expectations, plans and prospects of Max Capital Group Ltd.

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 suggested by such statements. For further information regarding cautionary statements and factors affecting future results, please refer to Max Capital's 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 Capital with the SEC. Max Capital undertakes no obligation to update or revise publicly any forward-looking statement whether as a result of new information, future developments or otherwise.

Investors:Max Capital Group Ltd.Susan Spivak Bernstein,

+1-212-898-6640orMedia:Kekst and CompanyRoanne
Kulakoff / Peter Hill, +1-212-521-4800