This excerpt taken from the MRH 10-K filed Mar 1, 2007.
The Registrants website address is www.montpelierre.bm. The Registrant makes available on its website its annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and all amendments to those reports free of charge as soon as reasonably practicable after such material is electronically filed with or furnished to the Securities and Exchange Commission.
Factors that could cause our actual results to differ materially from those in the forward looking statements contained in this Form 10-K and other documents we file with the Securities and Exchange Commission are outlined below. Additional risks not presently known to us or that we currently deem immaterial may also impair our business or results of operations. Any of the risks described below could result in a significant or material adverse effect on our results of operations or financial condition.
Risks Related to Our Company
Our future performance is difficult to predict because of changes in perceived catastrophe risk and industry capital requirements.
The large market losses arising from the significant hurricanes that occurred during 2004 and 2005 caused modeling firms and rating agencies to increase their assumptions on the frequency and severity of large catastrophes. This is having an impact on the amount of capital required to write catastrophe-exposed business. Price levels in the market which are not commensurate with capital requirements could have a material adverse impact on our results of operations.