Max Re is seeking shareholder approval to change the company’s name from Max Re Capital Limited to Max Capital Group Limited at the company’s 2007 annual general meeting of shareholders to be held on May 4.

The decision reflects the company’s strategic evolution from its initial focus on reinsurance seven years ago to a balanced mix of specialty insurance and reinsurance products today.

If the proposal to change the company’s name receives the necessary shareholder approval, the company, which currently trades on both the Nasdaq Global Select Market and the Bermuda Stock Exchange under the ticker symbol MXRE, intends to change its ticker symbol to MXGL.

At the same time and also subject to shareholder approval, Max’s Bermuda-based operating company, currently known as Max Re Limited, will adopt the new name Max Bermuda Limited.