This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Montpelier Re Launches Montpelier Risk Institute

Montpelier Reinsurance Ltd. (“Montpelier Re”), the Bermuda subsidiary of Montpelier Re Holdings Ltd. (NYSE: MRH), announced today the launch of the Montpelier Risk Institute (MRI), a virtual risk institute that will leverage the complementary capabilities of scientists and insurance specialists to target new methods for quantifying risk. Partnering with Montpelier Re in MRI are the University of Western Ontario (UWO), the affiliated Institute for Catastrophic Research (ICLR) in Ontario, Canada, and several private research institutions in Europe.

MRI was formed to promote global research, knowledge exchange, and advanced model development on natural catastrophe and man-made risk. The Institute’s goal is to collaborate to better understand, calculate, mitigate, and hedge risk in a changing environment. MRI will be overseen by a steering committee led by Dr. Gero Michel, Chief Risk Officer and Head of Risk Analytics at Montpelier Re, and composed of representatives from academia and government.

“By fostering collaboration between scientists and insurance specialists, MRI will seek more accurate ways to assess risk across various scales, territories, and perils,” said Dr. Michel. “As risk becomes more interconnected in a changing environment and climate, it is very important that our models and risk assessment techniques evolve as well.”

Chris Schaper, President of Montpelier Re, said, “MRI is a win-win for Montpelier and our research partners. Participating scientists gain access to our extensive modeling capabilities for use in their research, and Montpelier benefits from additional talent to help us further enhance our risk analytic services for both our Montpelier and Blue Capital clients.”

About Montpelier Re

Montpelier, through its operating subsidiaries, is a leading provider of global property and casualty reinsurance and insurance products. Additional information can be found on our website located at www.montpelierre.bm, or in Montpelier's public filings with the Securities and Exchange Commission.

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,102.38 -272.38 -1.66%
S&P 500 1,921.22 -29.91 -1.53%
NASDAQ 4,683.9190 -49.5780 -1.05%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs