EXHIBIT 1
JOINT FILING AGREEMENT
This will confirm the agreement by and among all the undersigned that
the Schedule 13D filed on or about this date with respect to the beneficial
ownership of the undersigned of shares of common stock, par value $1.00 per
share, of PXRE Group Ltd. is being filed on behalf of each of the undersigned.
This agreement may be executed in two or more counterparts, each of which shall
be deemed an original, but all of which together shall constitute one and the
same instrument.
Dated: December 27, 2004
CAPITAL Z FINANCIAL SERVICES FUND II, L.P.
By: Capital Z Partners, Ltd., it ultimate general partner
By: /s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx
General Counsel, Vice President of
Administration and Secretary
CAPITAL Z FINANCIAL SERVICES PRIVATE FUND II, L.P.
By: Capital Z Partners, Ltd., it ultimate general partner
By: /s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx
General Counsel, Vice President of
Administration and Secretary
CAPITAL Z PARTNERS, L.P.
By: Capital Z Partners, Ltd., it ultimate general partner
By: /s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx
General Counsel, Vice President of
Administration and Secretary
CAPITAL Z PARTNERS, LTD.
By: Capital Z Partners, Ltd., it ultimate general partner
By: /s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx
General Counsel, Vice President of
Administration and Secretary
By: /s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx
General Counsel
