Bermuda-based Max Re Capital Ltd. today announced that it will seek shareholder approval to change the company's name from Max Re Capital Ltd. to Max Capital Group Ltd.
Shareholders will be asked to vote on the change at the company's 2007 annual general meeting, May 4.
The decision to change the name 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, the company said in a statement.
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