| Title: | Montpelier Re Holdings Ltd. And Related Unit Outlook Revised To Stable; Ratings Affirmed |
| Price: | $100.00 |
| Publication Date: | May 09, 2008 |
| Report Type: | News |
| Abstract: | NEW YORK (Standard&Poor's) May 9, 2008--Standard&Poor's Ratings Services said today that it revised its outlook on Montpelier Re Holdings Ltd. and its core subsidiary, Montpelier Reinsurance Ltd., to stable from negative. Standard&Poor's also said that it affirmed its 'BBB' counterparty credit rating on Montpelier Re Holdings Ltd. and its 'A-' counterparty credit and financial strength ratings on Montpelier Reinsurance Ltd. "The revised outlook reflects the companies' meaningful improvements in enterprise risk management over the past two years," noted Standard&Poor's credit analyst Taoufik Gharib. "It is also based on management's reduction of the group's risk exposure to a single event after Hurricanes Katrina, Rita, and Wilma in 2005, which revealed a higher risk |
| Brief Excerpt: | RESEARCH Ratings Definitions Montpelier Re Holdings Ltd. And Related Unit Outlook Revised To Stable; Ratings Affirmed Publication date: ##-May-#### Primary Credit Analyst: Taoufik Gharib, New York (#) ###-###-####; taoufik_gharib@standardandpoors.com... |
| Word Count: | 835 |
| Ticker: | MRH |
| Issuer: | Montpelier Re Holdings Ltd. |
| GICS: | Reinsurance (40301050) |
| Sector: | Global Issuers, Insurance |
| Country: | Bermuda |
| Region: | Latin America |
| Format: | 
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