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NHOLF - Blue Capital Reinsurance Holding: A Discount On The Book Value Is Not Everything
Sompo Holdings Inc
Executive Summary
On 29th of October, Blue Capital Reinsurance Holding (BCRH) released its results for the third quarter of 2018. As expected, the company reported a net loss which amounted to $6.7 million vs. a $51.9 million loss one year ago. On a year-to-date basis, the company reported a net loss of $3.7 million vs. a $43.2 million loss reported for the first nine months of 2017. In spite of the lower level of premiums written, the situation in 2018 seems to be better than in 2017, with a lower impact of catastrophe