PEMBROKE, Bermuda (AP) _ Blue Capital Reinsurance Holdings Ltd. (BCRH) on Monday reported a third-quarter loss of $51.9 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Pembroke, Bermuda-based company said it had a loss of $5.93.
The reinsurance company posted revenue of $19.1 million in the period. Its adjusted revenue was $16 million.
Blue Capital shares have declined 30 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $13, a fall of 28 percent in the last 12 months.
American National Insurance Posts 3Q Profit
AIG Names Chris Townsend as Chief Executive Officer, International General Insurance
Advisor News
- How advisors can prepare clients for an uncertain retirement landscape
- Investors aren’t waiting out uncertainty
- Transamerica and Advo(k)ate Advisors launch pooled employer plan
- ‘I wish I’d met him sooner:’ Karlan Tucker remembered for integrity, faith
- Why women must be more engaged in investing
More Advisor NewsAnnuity News
- NAIC regulators begin consensus phase on annuity illustration overhaul
- AM Best Revises Outlooks to Negative for Subsidiaries of Group 1001 Insurance Holdings, LLC
- Market-value adjusted annuities: Key considerations for advisors
- Private equity’s next play in insurance
- Immediate Care Plan: A new solution for funding LTC
More Annuity NewsHealth/Employee Benefits News
- New Findings in Managed Care Described from Creighton University School of Medicine (Barriers beyond Medicaid: A Midwest study on pancreatic surgery access in the post-Affordable Care Act era): Managed Care
- Abbott’s 'Keep Texas Affordable' plan: Lower housing costs, new health insurance plan
- 1 in 4 American workers report staying in unwanted jobs for health insurance: West Health Institute
- Medicare Moments | Medicare's Enrollment Process in Simple Terms
- Waitlist, policy changes stir worries among families of Arkansans with disabilities
More Health/Employee Benefits NewsLife Insurance News
- Judge again tosses Penn Mutual whole life lawsuit alleging tax scam
- Declined by a machine? The end of the unexplainable no
- AM Best Revises Outlooks to Negative for Subsidiaries of Group 1001 Insurance Holdings, LLC
- Court sides with Ameritas in denying $4M STOLI payout to Wells Fargo
- AM Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of The Fortegra Group, Inc.’s Insurance Subsidiaries
More Life Insurance News