Montpelier Re: $0.10 Quarterly Dividend
The Board of Directors of Bermuda-based reinsurer Montpelier Re Holdings Ltd. has declared a quarterly dividend of $0.10 per Common Share. The dividend is payable on or before April 15, 2011 to all of the shareholders of record as of 31 March, 2011.
Montpelier recently estimates its pretax net loss from the New Zealand earthquake will be $75 million, while the January Australian events will be up to $15 million.
