Montpelier Re Names König to Head Europe/Mideast Marketing

April 4, 2008

Bermuda-based Montpelier Re Holdings Ltd. announced that Gerald König, CEO of Montpelier Europa AG, has been appointed Head of Marketing for Europe and the Middle East, effective May 1, 2008.

König joined Montpelier in August 2007 and is the former Head of Sales and Marketing for GE Frankona Re in Munich. He is based in Zug, Switzerland and has existing responsibility for Continental Europe and the Middle East. In his new role he will also assume responsibility for France and the Benelux countries from Nicholas Newman-Young, who retires as CEO of Montpelier Marketing Services (UK) Limited, also effective May 1, 2008.

CEO and Chairman Anthony Taylor commented: “Gerald is a very experienced marketing professional with an established following in Europe and the Middle East. He is ideally placed to lead our initiative to access more regional and mid-market business going forward.”

He also thanked Newman-Young for his “service to the Company” and wished him well for a long and happy retirement. He joined Montpelier Re “at the very beginning and has been extremely successful in developing and servicing our very profitable international book, which we have underwritten in Bermuda over the last seven years,” Taylor added.

Source: Montpelier Re – www.montpelierre.bm

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