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Montpelier Re Holdings Ltd. Message Board

  • needaclue7 needaclue7 Oct 31, 2012 6:01 PM Flag

    Hurricane Sandy

    Expecting a loss in Q4 due to Sandy. Nothing to lose sleep over, as these events happen and are part of the business. What this will tell us, however, is whether lessons have been learned from Hurricane Katrina, which was a disaster for MRH because it had not sufficiently diversified it's underwriting risks. Sandy will tell us whether they learned from Katrina - if they have the Q4 losses will be manageable.

42.650.00(0.00%)Jul 31 4:00 PMEDT