Moody's Assigns 'A3′ Rating To Montpelier Re

NU Online News Service, June 19, 12:21 p.m. EDT?Montpelier Reinsurance, a Bermuda-based property catastrophe and specialty property reinsurer, has been assigned an "A3″ (Good) insurance financial strength rating, with a "stable" outlook, from Moody's Investors Service.

Montpelier Re is one of the new Bermuda-based reinsurers that emerged in the aftermath of the 9/11 terror attacks. The company, which was founded by White Mountains Insurance Group and Benfield Holdings, began operating in December 2001 with some $1 billion of capital.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.