PXRE Group Ltd. Street Address: Mailing Address: PXRE House P.O. Box HM 1282 [LOGO OMITTED] 110 Pitts Bay Road Hamilton, HMFX Pembroke HM 08 Bermuda Bermuda 441-296-5858 441-296-6162 Fax www.pxre.com August 10, 2006 Mr. Jim B. Rosenberg Senior Assistant Chief Accountant Mail Stop 6010 Securities and Exchange Commission 100 F Street, N.W. Washington, D.C. 20549 Re: PXRE Group Ltd. Form 10-K for Fiscal Year Ended December 31, 2005 File No. 1-15259 Dear Mr. Rosenberg: This will acknowledge receipt of the comment letter dated as of August 4, 2006, which was received by PXRE Group Ltd. via facsimile on August 7, 2006. In light of the scope and complexity of the Staff's comments and due to the vacation schedules of our actuarial and finance staffs, we expect to provide our response no later than August 31, 2006. Please call me at 441-278-3727 if the foregoing presents any problems. Sincerely, /s/ Robert P. Myron - ------------------- Robert P. Myron Executive Vice President & Chief Finanical Officer