A.M. Best Europe – Rating Services Limited has commented that the ratings for the UK’s Aviva plc and its subsidiary companies remain unchanged as a result of Aviva’s announcement to sell a portion of its holding in the Netherlands-based Delta …
Bermuda-based Montpelier Re Holdings announced that its preliminary pretax net loss estimate from the February New Zealand earthquake will be around US$75 million, net of reinstatement premiums. The Company added that its figure “assumes a US$12 billion industry loss.” Montpelier …
Bermuda-based Montpelier Re joined a number of its compatriots in posting sharp declines in both fourth quarter 2010 net income and for the full year. The Group’s Q4 net income was $42.2 million, compared to $$104.7 million in Q4 2009. …
