1 May 2014News

Healthy Q1 for Montpelier as reserve releases boost combined ratio

Bermuda-based Montpelier Re reported operating income of $72.2 million, or $1.48 per common share, and a healthy combined ratio of 50.4 percent in Q1, of which $35 million of prior year loss reserves helped to obtain an 18 percent loss ratio.

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Healthy Q1 for Montpelier as reserve releases boost combined ratio

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