Blue Capital Re (BCRH) Tops Q2 EPS by 1c

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Blue Capital Reinsurance Holdings Reports Second Quarter 2016 Financial Results

August 1, 2016 4:16 PM EDT

HAMILTON, Bermuda -  August 1, 2016 - 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 second quarter of 2016.

The Company's net income and operating income was $2.0 million ($0.22 per share) for the second quarter of 2016 and $6.9 million ($0.79 per share) for the six months ended June 30, 2016. The Company's fully converted book value per common share was $20.35 at June 30, 2016, reflecting a 1.0% increase for the... More