HAMILTON, Bermuda -- (Business Wire)

Montpelier Re Holdings Ltd. (NYSE: MRH); (the “Company” or “Montpelier Re”) today announced that its Chairman, Anthony Taylor, has adopted a written plan in accordance with Rule 10b5-1(c) under the Securities Exchange Act of 1934. Sales under the plan will be made from time to time at the discretion of an independent broker. The plan will cover the possible sale of shares over a 12-month period commencing on March 19, 2012, subject to market conditions and the terms of the plan.

Montpelier Re, through its operating subsidiaries, is a premier provider of global property and casualty reinsurance and insurance products.

Additional information can be found in the Company’s public filings with the Securities and Exchange Commission.

This press release may contain "forward-looking" statements within the meaning of the United States federal securities laws, pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, that are not historical facts, including statements about our beliefs and expectations. All forward-looking statements are based upon current plans, estimates and projections. Actual results could differ materially from those projected in any forward-looking statements, as a result of certain risk factors disclosed previously, and from time to time, in the Company’s filings with the United States Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts:

Montpelier Re Holdings Ltd.
Investors:
William Pollett, Chief Corporate Development and Strategy Officer, Treasurer & SVP,
441-299-7576
or
Media:
Jeannine Menzies, Corporate Affairs Manager, 441-299-7570

Source: Montpelier Re Holdings Ltd.