Montpelier Re Holdings Ltd. Enters into $90mm Collateralized Catastrophe Agreements Through Catastrophe Bond Transaction.
Business Wire (December 22, 2005)
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Montpelier Re Holdings Ltd. Enters into $90mm Collateralized Catastrophe Agreements Through Catastrophe Bond Transaction.
HAMILTON, Bermuda -- Montpelier Re Holdings Ltd. (NYSE: MRH) today announced that it has entered into two transactions providing $90 million in catastrophe protection with Champlain Limited, a Cayman Island company. E[acute accent]The coverage is based on modeled market loss triggers. Upon the occurrence of an earthquake or h...
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