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By Mark E. Ruquet, PropertyCasualty360.com |
October 27, 2011
Two Bermuda-based insurers say catastrophes hurt their third-quarter earnings, with Everest Re reporting a 64 percent drop in net income and Montpelier Re posting a net loss.
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By Caroline McDonald, PropertyCasualty360.com |
August 19, 2011
Torus says it has reached an agreement with Montpelier Reinsurance Ltd., to sell the renewal rights of its property catastrophe reinsurance book of business with immediate effect.
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By Chad Hemenway, PropertyCasualty360.com |
July 28, 2011
Bermuda-based reinsurers continued to report reduced earnings, driven mainly by catastrophe losses.
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By Mark Ruquet |
February 14, 2011
Bermuda-based reinsurer Montpelier Re Holdings Ltd. reported net income dropped 60 percent in the fourth quarter of 2010 due to a combination of catastrophe losses and declines in investment returns.
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By Phil Gusman, PropertyCasualty360.com |
July 27, 2010
Montpelier Re reported 2010 second-quarter net income down 57 percent, resulting from a sharp drop in net unrealized investment gains compared to the 2009 second quarter, but the company's operating income grew compared to a year ago.