Blue Capital Re (BCRH) Tops Q3 EPS by 2c
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Blue Capital Reinsurance Holdings Reports Third Quarter 2016 Financial Results
October 31, 2016 4:06 PM EDTHAMILTON, Bermuda - October 31, 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 third quarter of 2016.
The Company's net income and operating income was $3.3 million ($0.38 per share) for the third quarter of 2016 and $10.3 million ($1.17 per share) for the nine months ended September 30, 2016. The Company's fully converted book value per common share was $20.44 at September 30, 2016, reflecting a 1.9% increase for the... More
