JOINT FILING AGREEMENT
This will confirm the agreement by and among all the undersigned that the
Schedule 13D filed on or about this date, and all amendments thereto, with
respect to the beneficial ownership of the undersigned of shares of common
stock, par value $1.00 per share, of PXRE Group Ltd. shall be 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: April 8, 2005
Capital Z Financial Services Fund II, L.P.
By: Capital Z Partners, Ltd.,
its ultimate general partner
By: /s/ Xxxxx Xxxxxx
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Xxxxx Xxxxxx
General Counsel
Capital Z Financial Services Private
Fund II, L.P.
By: Capital Z Partners, Ltd.,
its ultimate general partner
By: /s/ Xxxxx Xxxxxx
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Xxxxx Xxxxxx
General Counsel
Capital Z Partners, L.P.
By: Capital Z Partners, Ltd.,
its ultimate general partner
By: /s/ Xxxxx Xxxxxx
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Xxxxx Xxxxxx
General Counsel
Capital Z Partners, Ltd.
By: /s/ Xxxxx Xxxxxx
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Xxxxx Xxxxxx
General Counsel
Capital Z Management, LLC
By: /s/ Xxxxx Xxxxxx
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Xxxxx Xxxxxx
General Counsel