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: December 20, 2001
CAPITAL Z FINANCIAL SERVICES FUND II, L.P.
By: Capital Z Partners, Ltd., its 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., its 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., its 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., its ultimate general partner
By: /s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx
General Counsel, Vice President of
Administration and Secretary
RESERVOIR CAPITAL PARTNERS, L.P.
By: Reservoir Capital Group, L.L.C., its sole general
partner
By: /s/ Xxxxx Xxxx
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Xxxxx Xxxx
Managing Director
RESERVOIR CAPITAL GROUP, L.L.C.
By: /s/ Xxxxx Xxxx
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Xxxxx Xxxx
Managing Director
RESERVOIR CAPITAL MASTER FUND, L.P.
By: Reservoir Capital Group, L.L.C., its sole general partner
By: /s/ Xxxxx Xxxx
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Xxxxx Xxxx
Managing Director
RESERVOIR CAPITAL ASSOCIATES, L.P.
By: Reservoir Capital Group, L.L.C., its sole general partner
By: /s/ Xxxxx Xxxx
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Xxxxx Xxxx
Managing Director
RESERVOIR CAPITAL MANAGEMENT, L.L.C.
By: /s/ Xxxxx Xxxx
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Xxxxx Xxxx
Managing Director
Xxxxxxx X. Xxxxxxxxx
By: /s/ Xxxxxxx X. Xxxxx
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Xxxxxxx X. Xxxxx
Attorney-in-fact
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