Montpelier CEO Vows To Ignore Bad Biz
NU Online News Service, Feb. 18, 1:55 p.m. EST?Montpelier Re expects to walk away from underpriced business and decrease premium volume this year, the company's chief executive said yesterday.[@@]
Anthony Taylor, president and chief executive of the Bermuda-based reinsurer, in the course of reporting more than $100 million in income for fourth-quarter 2004 told an analysts conference call that his company's premiums will shrink 10 percent in 2005.
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