Montpelier Adopts Rule 10b5-1 Plan
Bermuda’s Montpelier Re Holdings Ltd. yesterday [Mar.6] announced that its chairman, Anthony Taylor, has adopted a written plan in accordance with Rule 10b5-1(c) under the US Securities Exchange Act of 1934.
Sales under the plan will be made from time to time at the discretion of an independent broker. The plan will cover the possible sale of shares over a 12-month period commencing on March 19, 2012, subject to market conditions and the terms of the plan.
Bermuda-based Montpelier Re, through its operating subsidiaries, is a premier provider of global property and casualty reinsurance and insurance products