Blue Capital Re (BCRH) Tops Q3 EPS by 15c

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Blue Capital Reinsurance Holdings Reports Third Quarter 2015 Financial Results

November 2, 2015 4:16 PM EST

HAMILTON, Bermuda -  November 2, 2015 - Blue Capital Reinsurance Holdings Ltd. (NYSE: BCRH) ("Blue Capital"), a Bermuda holding company that, through its operating subsidiaries, offers collateralized reinsurance in the property catastrophe market and invests in various insurance-linked securities, today reported its financial results for the third quarter of 2015.

The Company's net income and operating income was $4.4 million ($0.50 per share) for the third quarter of 2015 and $15.3 million ($1.74 per share) for the nine months ended September 30, 2015. The Company's fully converted book value per common share was $20.80 at September 30, 2015, reflecting a 2.5% increase for the... More