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Montpelier Re reports $463.5m profit in 2009

16 February 2010

Montpelier Re Holdings, a Bermudian provider of short-tail reinsurance and other specialty lines, today reported strong fourth quarter and record full year financial results.

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Montpelier Re Holdings, a Bermudian provider of short-tail reinsurance and other specialty lines, today reported strong fourth quarter and record full year financial results.

The company’s net income was $104.7m for the fourth quarter of 2009, compared with a net loss of $47.7m in the fourth quarter of 2008. The net income for the year was $463.5m, a turnaround...


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