Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  News  >  Companies  >  All News

News : Companies
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors

Blue Capital Reinsurance Holdings Declares Special Distribution

share with twitter share with LinkedIn share with facebook
06/30/2020 | 05:05pm EDT

HAMILTON, Bermuda, June 30, 2020 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (OTC:BCRHF); (the “Company”) has declared a special distribution of $0.74 per common share, which is payable on July 30, 2020 to holders of record as of July 15, 2020. The Company’s fully converted book value per common share was $1.45 at March 31, 2020.  Shareholders should note that this is not a final distribution; future distributions will typically occur on a quarterly basis to the extent sufficient funds are available in a given quarter.  This partial distribution will be reflected as a reduction in the liquidation value to be reported as of June 30, 2020.

About the Company

Blue Capital Reinsurance Holdings Ltd., is currently winding down its operations.  The Company, through its operating subsidiaries, previously offered collateralized reinsurance in the property catastrophe market, leveraging underwriting expertise and infrastructure from established resources. Underwriting decisions, operations and other management services are provided to the Company by Blue Capital Management Ltd., a subsidiary of Sompo International Holdings Ltd. (a wholly owned subsidiary of Sompo Holdings, Inc.), a recognized global specialty provider of property and casualty insurance and reinsurance and a leading property catastrophe and short tail reinsurer since 2001. Additional information can be found at www.bcapre.bm.

Investor Relations
Phone: +1 441 278 0988
Email: investorrelations@Sompo-Intl.com

blue capital.jpg

Source: Blue Capital Reinsurance Holdings

2020 GlobeNewswire, Inc., source Press Releases

share with twitter share with LinkedIn share with facebook
Latest news "Companies"
03:30aAURUBIS AG : Buy rating from Baader Bank
03:30aSKANO : Decisions of the Annual General Meeting
03:30aConditions for sale of riksbank certificates
03:29aVESTAS WIND A/S : Interim financial report second quarter 2020
03:29aAXA : Credit Suisse reaffirms its Buy rating
03:28aOR PJSC : Parent Company of Obuv Rossii Group, to Issue Additional Shares of RUB 2.8 bln
03:27aHSBC HLDGS : Morgan Stanley Upgrades to Neutral
03:24aAEDAS HOMES S A : Informe programa de recompra 4 – 10 agosto 2020
03:24aELBIT : Announces the Results of its Extraordinary General Meeting of Shareholders Held on August 10, 2020
Latest news "Companies"