Max Re Fitch Rating Affirmed 'A'

Max Re Capital Ltd. (Nasdaq: MXRE) (BSX: MXRE BH) announced yesterday that Fitch Ratings has reaffirmed the A (Strong) rating of its principal operating subsidiaries, Max Re Ltd. and Max Re Europe Limited. Fitch Ratings issued the following press release on February 6, 2003: "Fitch Ratings has affirmed the 'A' insurer financial strength ratings of Max Re Ltd. (Max Re) and its wholly owned, Dublin-based subsidiary, Max Re Europe Ltd. The Rating Outlook is Stable. "The ratings reflect Max Re's favorable reputation in its chosen markets, discipline and flexibility in underwr...