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  <TITLE> Max Capital Group Ltd. (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	June 26, 2007
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  	Max Capital Group Ltd.
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	&nbsp;
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  	Bermuda
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  	000-33047
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  	Not Applicable
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	Max House, 2 Front Street, Hamilton, Bermuda
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  	HM 11
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
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  	Registrant&#146;s telephone number, including area code:
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  	(441) 295-8800
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
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  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  	Item 1.01 Entry into a Material Definitive Agreement.
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  On June 26, 2007, Max Capital Group Ltd. (the "Registrant") and Max Bermuda Ltd. ("Max Bermuda" and, together with the Registrant, the "Borrowers") entered into a commitment letter with Bank of America, N.A. ("BOA") and Banc of America Securities LLC ("BAS") with respect to a proposed $450 million five-year senior credit facility for letters of credit with one-year terms to Max Bermuda (the "Tranche A Facility") and a $150 million five-year unsecured senior credit facility for letters of credit with one-year terms to Max Bermuda and loans to Max Bermuda and the Registrant (the "Tranche B Facility" and, together with the Tranche A Facility, the "Senior Credit Facility").  The Senior Credit Facility would replace, or amend and restate in its entirety, the Registrant&#x2019;s and Max Bermuda&#x2019;s existing letter of credit and revolving credit agreement with BOA, BAS and various financial institutions dated June 1, 2005.  Under the commitment letter, BOA has agreed to lend up to $125 million of the Senior Credit Facility.  In addition, BAS has agreed to act as sole and exclusive lead for the credit facility and to use its commercially reasonable efforts to syndicate the remainder of the Senior Credit Facility.  The commitment letter provides that the Senior Credit Facility may be increased by $200 million at the discretion of the Borrowers.<br><br>The $125 million commitment of BOA and BAS&#x2019; undertakings described above are subject to, among other conditions, the Borrowers having obtained commitments from other lenders at least equal to $475 million.  In addition, the commitment letter will expire on August 31, 2007 unless definitive documentation for the Senior Credit Facility is executed and delivered prior to such date.<br><br>The Senior Credit Facility will contain customary conditions, representations and warranties and covenants as well as event of default and indemnification provisions, among other things.<br>
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  	SIGNATURES
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  	Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
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  	Max Capital Group Ltd.
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  	&nbsp;&nbsp;
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  <I>
  	July 2, 2007
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  	By:
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  <I>
  	Joseph W. Roberts
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  <I>
  	Name: Joseph W. Roberts
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  	Title: Executive Vice President & Chief Financial Officer
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_21216.htm", "description": "LIVE FILING", "secsgml_size_bytes": 10205}]
metadata_filer: {"company-data": {"conformed-name": "MAX CAPITAL GROUP LTD.", "cik": "0001141719", "assigned-sic": "6331", "irs-number": "000000000", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-33047", "film-number": "07953369"}, "business-address": {"street1": "MAX RE HOUSE", "street2": "2 FRONT STREET", "city": "HAMILTON HM11", "state": "D0", "zip": "HM 11", "phone": "4412968800"}, "mail-address": {"street1": "MAX RE HOUSE", "street2": "2 FRONT STREET", "city": "HAMILTON", "state": "D0", "zip": "HM 11"}, "former-company": {"former-conformed-name": "MAX RE CAPITAL LTD", "date-changed": "20010531"}}
text: Max Capital Group Ltd. (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  June 26, 2007
  Max Capital Group Ltd.
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Bermuda
  000-33047
  Not Applicable
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  Max House, 2 Front Street, Hamilton, Bermuda
  HM 11
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  (441) 295-8800
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 1.01 Entry into a Material Definitive Agreement.
  On June 26, 2007, Max Capital Group Ltd. (the "Registrant") and Max Bermuda Ltd. ("Max Bermuda" and, together with the Registrant, the "Borrowers") entered into a commitment letter with Bank of America, N.A. ("BOA") and Banc of America Securities LLC ("BAS") with respect to a proposed $450 million five-year senior credit facility for letters of credit with one-year terms to Max Bermuda (the "Tranche A Facility") and a $150 million five-year unsecured senior credit facility for letters of credit with one-year terms to Max Bermuda and loans to Max Bermuda and the Registrant (the "Tranche B Facility" and, together with the Tranche A Facility, the "Senior Credit Facility").  The Senior Credit Facility would replace, or amend and restate in its entirety, the Registrant's and Max Bermuda's existing letter of credit and revolving credit agreement with BOA, BAS and various financial institutions dated June 1, 2005.  Under the commitment letter, BOA has agreed to lend up to $125 million of the Senior Credit Facility.  In addition, BAS has agreed to act as sole and exclusive lead for the credit facility and to use its commercially reasonable efforts to syndicate the remainder of the Senior Credit Facility.  The commitment letter provides that the Senior Credit Facility may be increased by $200 million at the discretion of the Borrowers.
  The $125 million commitment of BOA and BAS' undertakings described above are subject to, among other conditions, the Borrowers having obtained commitments from other lenders at least equal to $475 million.  In addition, the commitment letter will expire on August 31, 2007 unless definitive documentation for the Senior Credit Facility is executed and delivered prior to such date.
  The Senior Credit Facility will contain customary conditions, representations and warranties and covenants as well as event of default and indemnification provisions, among other things.
  Top of the Form
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
  Max Capital Group Ltd.
  July 2, 2007
  By:
  Joseph W. Roberts
  Name: Joseph W. Roberts
  Title: Executive Vice President & Chief Financial Officer