Blue Capital posts 2Q profit

PEMBROKE, Bermuda (AP) _ Blue Capital Reinsurance Holdings Ltd. (BCRH) on Monday reported second-quarter net income of $4.6 million.

On a per-share basis, the Pembroke, Bermuda-based company said it had net income of 52 cents.

The reinsurance company posted revenue of $10.3 million in the period. Its adjusted revenue was $10.5 million.

Blue Capital shares have increased almost 5 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $19.30, an increase of 8 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BCRH at https://www.zacks.com/ap/BCRH

Keywords: Blue Capital Reinsurance, Earnings Report