Blue Capital Reinsurance Holdings Ltd. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
October 29, 2018 at 04:15 pm EDT
Blue Capital Reinsurance Holdings Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported total revenues of $7.1 million compared to $19.1 million a year ago. Net loss and comprehensive loss was $6.7 million or $0.76 per basic and diluted share compared to $51.9 million or $5.93 per basic and diluted share a year ago.
For the nine months, the company reported total revenues of $22.8 million compared to $39.3 million a year ago. Net loss and comprehensive loss was $3.7 million or $0.42 per basic and diluted share compared to $43.2 million or $4.94 per basic and diluted share a year ago. Book value per common share as at September 30, 2018 was $13.18 compared to $14.50 a year ago. Fully converted book value per common share as at September 30, 2018 was $13.15 compared to $14.48 a year ago.