Blue Capital Reinsurance Holdings Ltd. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2017
July 31, 2017 at 04:15 pm EDT
Blue Capital Reinsurance Holdings Ltd. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported total revenues of $10.3 million compared to $11.3 million a year ago. Net income and comprehensive income was $4.6 million compared to $2.0 million a year ago. Basic and diluted earnings per common share were $0.52 compared to $0.22 a year ago.
For the six months, the company reported total revenues of $20.2 million compared to $21.6 million a year ago. Net income and comprehensive income was $8.7 million compared to $6.9 million a year ago. Basic and diluted earnings per common share were $0.99 compared to $0.79 a year ago. Book value per common share was $20.73 compared to $20.38 a year ago.