Max Re Declares 2 cent Quarterly Dividend

The Board of Directors of Max Re Capital Ltd. (Nasdaq: MXRE) (BSX: MXRE BH) declared a dividend of $0.02 per common share at a meeting of the Board held on July 25, 2003. The dividend is payable on August 18, 2003, to shareholders of record on August 8, 2003.Max Re also released financial statements yesterday reporting a significant increase in net income for the quarter. 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 insu...