Blue Capital Re (BCRH) Tops Q1 EPS by 5c
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Blue Capital Reinsurance Holdings Reports First Quarter 2016 Financial Results
May 2, 2016 4:18 PM EDTHAMILTON, Bermuda - May 2, 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 first quarter of 2016.
The Company's net income and operating income was $5.0 million ($0.57 per share) for the three months ended March 31, 2016. The Company's fully converted book value per common share was $20.44 at March 31, 2016, reflecting a 2.7% increase for the quarter and an 11.5% increase over the past twelve months,... More
