IPC Holdings, Ltd.: IPC Holdings, Ltd. Reports Fourth Quarter 2007 Results; Announces Changes to Board of Directors, 10% Dividend Increase and New Share Repurchase Authorization

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PEMBROKE, BERMUDA (MARKET WIRE) IPC Holdings, Ltd. (NASDAQ: IPCR) today reported net income for the quarter ended December 31, 2007 of $167.0 million, or $2.48 per common share, compared to $108.2 million, or $1.52 per common share, for the fourth quarter of 2006. For the year ended December 31, 2007 IPC reported net income of $385.4 million, or $5.53 per common share, compared to $394.6 million, or $5.54 per common share, in 2006.

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