Montpelier Re Holdings News

Montpelier Reports $90 Million Q1 Net Income; Operating $72 Million

Bermuda-based Montpelier Re Holdings Ltd. Reported operating income for the first quarter of 2014 at $72 million, or $1.48 per common share, representing a quarterly return on common equity of 4.8 percent. Net income was $90 million, or $1.84 per …

Best Affirms Montpelier Re Holdings and Company Ratings

A.M. Best has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Montpelier Reinsurance Ltd. (Montpelier Re) as well as the ICR of “bbb” and debt ratings of the parent company, Montpelier Re …

Montpelier Reports $73.4 Million Q4 Net Income; FY $191.2 Million

Bermuda-based Montpelier Re Holdings Ltd. reported net income of $73.4 million for the fourth quarter of 2013, compared to a net loss of $26.6 million in the same period last year. For the full year 2013 the company reported net …

Montpelier Re Appoints Brookman Sr. VP, Head of Capital Markets

Bermuda-based Montpelier Re Holdings Ltd., which specializes in short-tail reinsurance and other specialty lines, announced that Daniel Brookman has been appointed Sr. Vice President, Head of Capital Markets, effective immediately. He will also serve as Chief Operating Officer for Montpelier’s …

Montpelier Re Sub Blue Capital Re Files for IPO

Bermuda-based Montpelier Re Holdings Ltd. and its wholly owned subsidiary Blue Capital Reinsurance Holdings Ltd. have announced that Blue Capital Re “has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to the …