8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): October 4, 2004

Max Re Capital Ltd.
__________________________________________
(Exact name of registrant as specified in its charter)

Bermuda	000-33047	Not Applicable
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
Max Re House, 2 Front Street, Hamilton, BM		HM 11
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code (441) 296-8800

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

On October 4, 2004, the Registrant issued a news release regarding the estimated impact of Hurricanes Charley, Frances, Ivan and Jeanne on the Registrant's 2004 third quarter earnings. The news release is furnished herewith as Exhibit 99.1 and incorporated by reference herein.
On October 5, 2004, the Registrant issued a news release announcing the Registrant's 2004 third quarter earnings call. The news release is furnished herewith as Exhibit 99.2 and incorporated by reference herein.

The information in this Form 8-K and Exhibit shall not be deemed filed for the purposes of Section 18 of the Securities and Exchange Act of 1934, nor shall it be deemed incorporated by reference in any such filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Max Re Capital Ltd. (Registrant)
October 6, 2004	By:	Keith S. Hynes
		Name: Keith S. Hynes
		Title: Executive Vice President & Chief Financial Officer

Exhibit Index

Exhibit No.	Description
EX-99.1	News Release of Max Re Capital Ltd. dated October 4, 2004
EX-99.2	News Release of Max Re Captial Ltd. dated October 5, 2004

EX-99.1

EXHIBIT 99.1

MAX RE ESTIMATES IMPACT OF HURRICANES
ON THIRD QUARTER EARNINGS

Hamilton, Bermuda, October 4, 2004. Max Re Capital Ltd. (NASDAQ: MXRE; BSX: MXRE BH) today announced that preliminary estimates indicate that the Company’s 2004 third quarter earnings will be negatively impacted by $20 million to $25 million as a result of Hurricanes Charley, Frances, Ivan and Jeanne.

Max Re Capital Ltd. through its principal operating subsidiaries, Max Re Ltd., Max Insurance Europe Limited and Max Re Europe Limited, offers customized risk financing solutions to property and casualty insurers, life and health insurers and large corporations.

The above remarks about future expectations, plans and prospects for the Company are forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such 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 the Company’s most recent Annual Report on Form 10-K and other documents filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statement whether as a result of new information, future developments or otherwise.

Contact Information:

Keith S. Hynes
Executive Vice President & CFO
441-296-8800
keithh@maxre.bm

N. James Tees
Senior Vice President & Treasurer
441- 296-8800
jimt@maxre.bm

EXHIBIT 99.2

MAX RE CAPITAL LTD.
ANNOUNCES THIRD QUARTER EARNINGS CALL INFORMATION

Hamilton, Bermuda, October 5, 2004. Max Re Capital Ltd. (NASDAQ: MXRE; BSX: MXRE BH) announced today that Robert J. Cooney, Chief Executive Officer, and Keith S. Hynes, Chief Financial Officer, will host a conference call to discuss the Company’s third quarter financial results with interested investors and shareholders.

Details of the call are as follows:

Date:	November 1, 2004
Time:	10:00 a.m. EST
Dial in #: US:		800-599-9829

International: 617-847-8703
Access Code: 42608523

Please dial in ten minutes prior to the start of the call.

Replay details:
Available from 12:00 p.m. November 1, 2004 – December 1, 2004

Dial in #US: 888-286-8010
Dial in# International: 617-801-6888
Access Code: 51910942

Max Re Capital Ltd., through its principal operating subsidiaries, Max Re Ltd., Max Re Europe Limited and Max Insurance Europe Limited, offers customized risk financing solutions to property and casualty insurers, life and health insurers and large corporations.

The above remarks about future expectations, plans and prospects for the Company are forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such 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 the Company’s most recent Annual Report on Form 10-K and other documents filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statement whether as a result of new information, future developments or otherwise.

Contact Information:

Keith S. Hynes
Executive Vice President & CFO
441-296-8800
keithh@maxre.bm

N. James Tees
Senior Vice President & Treasurer
441-296-8800
jimt@maxre.bm