HVRRF - Underlying Loss Ratio Improves At Blue Capital Re Despite Higher Q4 Cats
Despite the heavy impact of losses during the fourth-quarter of 2018, Blue Capital Reinsurance Holdings Ltd. (BCRH), the stock exchange listed, collateralized reinsurer owned by Sompo International Holdings Ltd., came out of 2018 with a much-improved accident year loss ratio.
The team managing the collateralized but listed reinsurance vehicle has taken efforts to rebalance the portfolio and reduce volatility following the heavy catastrophe loss year of 2017.
2018 delivered further heavy losses to Blue Capital Reinsurance, but even though the Q4 combined ratio was particularly high at 308.8%, thanks to the impacts of the California