EXHIBIT 4
---------
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: October 17, 2005
CAPITAL Z FINANCIAL SERVICES FUND II, L.P.
By: Capital Z Partners, Ltd., it ultimate general partner
By: /s/ Xxxxx Xxxxxx
--------------------------------------------------------
Xxxxx Xxxxxx
General Counsel
CAPITAL Z FINANCIAL SERVICES PRIVATE FUND II, L.P.
By: Capital Z Partners, Ltd., it ultimate general partner
By: /s/ Xxxxx Xxxxxx
--------------------------------------------------------
Xxxxx Xxxxxx
General Counsel
CAPITAL Z PARTNERS, L.P.
By: Capital Z Partners, Ltd., it ultimate general partner
By: /s/ Xxxxx Xxxxxx
--------------------------------------------------------
Xxxxx Xxxxxx
General Counsel
CAPITAL Z PARTNERS, LTD.
By: Capital Z Partners, Ltd., it ultimate general partner
By: /s/ Xxxxx Xxxxxx
--------------------------------------------------------
Xxxxx Xxxxxx
General Counsel
CAPITAL Z MANAGEMENT, LLC.
By: /s/ Xxxxx Xxxxxx
--------------------------------------------------------
Xxxxx Xxxxxx
General Counsel
CAPZ PXRE HOLDINGS, LLC
By: CAPITAL Z FINANCIAL SERVICES FUND II, L.P.
By: Capital Z Partners, Ltd., it ultimate general partner
By: /s/ Xxxxx Xxxxxx
--------------------------------------------------------
Xxxxx Xxxxxx
General Counsel
CAPZ PXRE HOLDINGS PRIVATE, LLC
By: CAPITAL Z FINANCIAL SERVICES PRIVATE FUND II, L.P.
By: Capital Z Partners, Ltd., it ultimate general partner
By: /s/ Xxxxx Xxxxxx
--------------------------------------------------------
Xxxxx Xxxxxx
General Counsel
SCHEDULE I
CONTROL PERSONS AND EXECUTIVE OFFICERS
OF THE CAPITAL Z REPORTING PERSONS
The names, present principal occupations and business addresses of
the control persons and executive officers of the Reporting Persons are set
forth below. The control person's or executive officer's business address is
that of the Reporting Person. Unless otherwise indicated, each occupation set
forth opposite an individual's name refers to the Reporting Person. Each of the
named individuals is a citizen of the United States of America except for
Xxxxxxxx Xxxxx who is a citizen of Canada. Capital Z Partners, Ltd. is the
ultimate general partner and control person of Capital Z Financial Services Fund
II, L.P. and Capital Z Financial Services Private Fund II, L.P.
Xxxxxx X. Spass
Chairman of the Board
Xxxxxxxx X. Xxxxx
Chief Executive Officer and Director
Xxxxxxx X. Xxxxxx
Senior Vice President and Director
Xxxx X. Xxxxxxx
Senior Vice President and Director
Xxxxx Xxxxxx
General Counsel
Xxxxxx X. Xxxxxxxxx
Chief Financial Officer, Treasurer and Assistant Secretary