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Montpelier Re Increases Quarterly Dividend

Montpelier Re Increases Quarterly Dividend

Bermuda-based Montpelier Re Holdings Ltd. has increased the regular quarterly dividend payable on the Company’s outstanding common shares by 60%. A spokespersons said, “The Board also declared a quarterly dividend of $0.20 per common share, and a quarterly dividend of $0.554688 per 8.875% Non-Cumulative Preferred Share, Series A, each payable... Read more of this article

Montpelier Reports 2014 Q2 Financial Results

Montpelier Reports 2014 Q2 Financial Results

Bermuda-based Montpelier Re Holdings Ltd., a leading provider of short-tail reinsurance and other specialty lines, today reported its financial results for the quarter ended June 30, 2014. Fully converted book value per common share was $31.74, an increase of 2.8% from March 31, 2014 and an increase of 8.7% from December 31, 2013, each after taking... Read more of this article

Montpelier Declares Quarterly Dividends

Montpelier Declares Quarterly Dividends

Bermuda-based Montpelier Re Holdings Ltd. has declared: [i] a quarterly dividend of $0.125 per Common Share; and [ii] a quarterly dividend of $0.554688 per 8.875% Non-Cumulative Preferred Share, Series A, each payable on or before July 15, 2014, to all shareholders of record as of June 30, 2014. The Board currently intends to maintain the dividend per... Read more of this article

Montpelier Re 2014 Q1 Net Income: $90 Million

Montpelier Re 2014 Q1 Net Income: $90 Million

Montpelier Re Holdings Ltd. reported its financial results for the quarter ended March 31, 2014, with the Bermuda-based re/insurer posting a $90 million net income for the quarter. Fully converted book value per common share increased 5.8% for the quarter, to $31.01, computed after taking into account common share dividends declared. Operating income... Read more of this article

A.M. Best Affirms Ratings Of Montpelier Re

A.M. Best Affirms Ratings Of Montpelier Re

Rating agency A.M. Best has affirmed the financial strength rating of A [Excellent] and issuer credit ratings [ICR] of “a” of Montpelier Reinsurance Ltd. Additionally, A.M. Best has affirmed the ICR of “bbb” and debt ratings of the parent company, Montpelier Re Holdings Ltd. The outlook for all ratings is stable. Both companies are domiciled... Read more of this article

Montpelier Appoints Daniel Brookman SVP

Montpelier Appoints Daniel Brookman SVP

Bermuda-based Montpelier Re Holdings Ltd. announced that Daniel Brookman [pictured] has been appointed Senior Vice President, Head of Capital Markets. Mr. Brookman will also serve as Chief Operating Officer for Montpelier’s asset management business, Blue Capital Management Ltd. His appointment is effective immediately. Mr. Brookman will be responsible... Read more of this article

Montpelier Re Increases Quarterly Dividend

Montpelier Re Increases Quarterly Dividend

Bermuda-based Montpelier Re Holdings Ltd. has increased the regular quarterly dividend payable on the Company’s issued common shares by approximately 9%. The Board also declared a quarterly dividend of $0.125 per common share, and a quarterly dividend of $0.554688 per 8.875% Non-Cumulative Preferred Share, Series A, each payable on or before January... Read more of this article

Henry Keizer Appointed To Montpelier Board

Henry Keizer Appointed To Montpelier Board

Bermuda-based Montpelier Re Holdings Ltd. has appointed Henry Keizer to fill a vacancy on the Board with immediate effect. Mr. Keizer formerly served as Deputy Chairman and Chief Operating Officer of KPMG LLP, the U.S. and largest individual member firm of KPMG International [KPMGI], a role from which he retired in December 2012. KPMGI is a professional... Read more of this article

Montpelier Re Q3 2013 Financial Results

Montpelier Re Q3 2013 Financial Results

Bermuda-based Montpelier Re Holdings Ltd. reported its financial results for the quarter ended September 30, 2013. Fully converted book value per common share was $28.06, an increase of 4.2% from June 30, 2013 and 8.7% from December 31, 2012, after taking into account common share dividends declared during the period. Operating income for the quarter... Read more of this article

Montpelier Re Staff & Students Clean Up Beach

Montpelier Re Staff & Students Clean Up Beach

Employees from Montpelier Re spent Friday afternoon [Sept 20] cleaning-up Shelly Bay Beach during the Company’s second annual “Global Day of Giving” event. Montpelier chose to clean-up the beach for the second year running to support Keep Bermuda Beautiful’s [KBB] Annual Marine Cleanup which takes place this weekend. Francis Patton’s P6 students... Read more of this article

Montpelier Re Declares Quarterly Dividend

Montpelier Re Declares Quarterly Dividend

Bermuda-based Montpelier Re Holdings Ltd. has declared: [i] a quarterly dividend of $0.115 per Common Share; and [ii] a quarterly dividend of $0.554688 per 8.875% Non-Cumulative Preferred Share, Series A. The dividends are payable on or before October 15, 2013, to all holders of record as of September 30, 2013. The Board currently intends to maintain... Read more of this article

Montpelier Re Launches Montpelier Risk Institute

Montpelier Re Launches Montpelier Risk Institute

Montpelier Reinsurance Ltd., the Bermuda subsidiary of Montpelier Re Holdings Ltd., recently announced the launch of the Montpelier Risk Institute [MRI], a virtual risk institute that will leverage the complementary capabilities of scientists and insurance specialists to target new methods for quantifying risk. Partnering with Montpelier Re in MRI... Read more of this article

Bassett, Parfitt & Wilson Awarded Scholarships

Bassett, Parfitt & Wilson Awarded Scholarships

Montpelier Re Foundation announced the winners of its 2013 scholarships. Medical student Aisha Maria Bassett has received the Foundation’s $15,000 scholarship while IT student, Sherika Chanta Parfitt, and chemical engineering student, Seth Gabriel Wilson, have each been awarded $5,000 scholarships. Chris Harris, CEO of Montpelier Re, said, “Montpelier... Read more of this article

Montpelier Reports 2013 Second Quarter Results

Montpelier Reports 2013 Second Quarter Results

Bermuda-based re/insurer Montpelier Re Holdings Ltd.reported its financial results for the quarter ended June 30, 2013. Fully converted book value per common share was $27.03, a decrease of 1.3% from March 31, 2013 and an increase of 4.3% from December 31, 2012, after taking into account common share dividends declared during the period. Operating income... Read more of this article

Montpelier To Release Q/2 Results On July 25

Montpelier To Release Q/2 Results On July 25

Bermuda-based Montpelier Re Holdings Ltd. expects to release its second quarter 2013 results after the market close on July 25. The Company will host a conference call to discuss the results on July 26 at 8:00 a.m. Eastern Time. The call will be available via a live audio webcast accessible on the Company’s website or by dialing 1-888-317-6016... Read more of this article

Montpelier Re Holdings To Release Q/2 Results

Montpelier Re Holdings To Release Q/2 Results

Bermuda-based Montpelier Re Holdings Ltd.expects to release its second quarter 2013 results after the market close on July 25. The company will host a conference call to discuss the results on July 26 at 8:00 a.m. Eastern Time. The call will be available via a live audio webcast accessible on the company’s website at www.montpelierre.bm or by... Read more of this article