Nov. 5, 2009 (Business Wire) -- Montpelier Re Holdings Ltd. (NYSE:MRH) (the "Company") today announced that the Board of Directors has agreed to increase the regular quarterly dividend payable on the Company’s issued common shares by 20%. The Board has declared a quarterly dividend of $0.09 per common share, payable on January 15, 2010, to all shareholders of record as of December 31, 2009.

Whereas the Board of Directors of the Company currently intends to maintain the regular dividend at the increased level in future periods, and will consider further adjustments in dividend policy periodically, any future determination to pay dividends or distributions to shareholders will remain at the discretion of the Board and will be dependent upon many factors, including the Company’s results of operations, cash flows, financial position, capital requirements, general business opportunities, legal, tax, regulatory and contractual restrictions.

Application of the Safe Harbor of the Private Securities

Litigation Reform Act of 1995:

This earnings release contains forward-looking statements within the meaning of the United States (the "U.S.") 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. These statements are based upon current plans, estimates and projections. Forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and various risk factors, many of which are outside the Company's control, that could cause actual results to differ materially from such statements. See "Risk Factors" contained in our Annual Report on Form 10-K for the fiscal year ended December 31, 2008, as filed with the Securities and Exchange Commission. In particular, statements using words such as "may," "should," "estimate," "expect," "anticipate," "intend," "believe," "predict," "potential," or words of similar import generally involve forward-looking statements.