October 26, 2006 by Canadian Underwriter
Bermuda-based reinsurers Montpelier Re Holdings Ltd. And Endurance Specialty Holdings Inc. have both experienced increases in their net income for the third quarter of 2006.
Montpelier Re’s net income for Q3 of 2006 is US$180.7 compared to a net loss of US$691.9 million for the same period in 2005.
Endurance’s net income for Q3 2006 was US$299.3 million compared to a net loss of US$170.7 million for the same period in 2005.
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