Exhibit 99.1

    Certification by the Chief Executive Officer and Chief Financial Officer
          Relating to a Periodic Report Containing Financial Statements


         I, Gerald L. Radke, Chief Executive Officer, and John M. Modin, Chief
Financial Officer, of PXRE Group Ltd., a Bermuda corporation (the "Company"),
hereby certify that, based on our knowledge:

         (1) The Company's periodic report containing financial statements on
Form 10-Q for the period ended September 30, 2002 (the "Form 10-Q") fully
complies with the requirements of Section 13(a) of the Securities Exchange Act
of 1934, as amended; and

         (2) The information contained in the Form 10-Q fairly presents, in all
material respects, the financial condition and results of operations of the
Company.


                                      * * *


Date:  As of November 12, 2002


CHIEF EXECUTIVE OFFICER:            CHIEF FINANCIAL OFFICER:

/s/ Gerald L. Radke                 /s/ John M. Modin
- -----------------------             -----------------------
Gerald L. Radke                     John M. Modin