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AccessMyLibrary    Browse    B    Business Wire    NOV-03    S&P Announces: BULLETIN: Montpelier Re Holdings Ltd.'s Dividend Program To Have No Effect on Ratings.

S&P Announces: BULLETIN: Montpelier Re Holdings Ltd.'s Dividend Program To Have No Effect on Ratings.

Publication: Business Wire

Publication Date: 26-NOV-03
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COPYRIGHT 2003 Business Wire

Business Editors

NEW YORK--(BUSINESS WIRE)--Nov. 26, 2003

Standard & Poor's Ratings Services said today that Montpelier Re Holdings Ltd.'s (NYSE:MRH) (BBB/Stable/--) announcement that it will begin a dividend-paying program of $24 million per quarter will not affect the ratings on MRH or its operating subsidiary, Montpelier Reinsurance Ltd. (A-/Stable/--)....

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