Montpelier Re Holding

Montpelier Re Holding (“Montpelier”), during Odyssey’s ownership period, was Bermuda-based reinsurer. Montpelier targeted lines of business that offered superior returns on capital, with an initial focus on property exposed lines. Montpelier was formed to capitalize on the attractive market opportunity in the global reinsurance market after the events of 9/11, which dramatically accelerated industry pricing and drove increased demand for coverage.