Blue Capital Re (BCRH) Misses Q1 EPS by 6c

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Blue Capital Reinsurance Holdings Reports First Quarter 2017 Financial Results

May 1, 2017 4:10 PM EDT

HAMILTON, Bermuda, May 01, 2017 (GLOBE NEWSWIRE) -- 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 first quarter of 2017.

The Companys net income and operating income was $4.1 million ($0.47 per share) for the three months ended March 31, 2017. The Companys fully converted book value per common share was $20.49 at March 31, 2017, reflecting a 2.3% increase for the quarter and a 7.7% increase over the past twelve months, each... More