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Stock impact report

Blue Capital Reinsurance Holdings Reports Third Quarter 2018 Financial Results

BLUE CAPITAL REINSURANCE HOLDINGS (BCRH) 
Last blue capital reinsurance holdings earnings: 5/2 04:30 pm Check Earnings Report
Company Research Source: GlobeNewswire
HAMILTON, Bermuda, Oct. 29, 2018 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) (the "Company"), 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 2018. The Company recorded net losses of $6.7 million ($(0.76) per share) for the third quarter of 2018 and $3.7 million ($(0.42) per share) for the nine months ended September 30, 2018. The Company’s fully converted book value per common share was $13.15 at September 30, 2018, reflecting a 5.3% decrease for the quarter and a 3.0% decrease since December 31, 2017, each inclusive of dividends declared in such periods. Reinsurance premiums written for the current quarter and year-to-date were $4.2 million and $24.1 million, decreasing by $6.1 million and $15.3 million over the same periods a year ago.  The reduced wri Show less Read more
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