BLUE CAPITAL REINSURANCE HOLDINGS

Blue Capital Reinsurance Holdings Ltd. (In Liquidation) Announces Aggregate Catastrophe Loss

Retrieved on: 
Friday, August 14, 2020

Such statements may include forward-looking statements both with respect to us in general and the insurance and reinsurance sectors specifically, both as to underwriting and investment matters.

Key Points: 
  • Such statements may include forward-looking statements both with respect to us in general and the insurance and reinsurance sectors specifically, both as to underwriting and investment matters.
  • Statements that include the words "should," "would," "expect," "estimates", "intend," "plan," "believe," "project," "target," "anticipate," "seek," "will," "deliver," and similar statements of a future or forward-looking nature identify forward-looking statements in this press release.
  • All forward-looking statements address matters that involve risks and uncertainties.
  • Except as required by law, the Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

Blue Capital Reinsurance Holdings Announces Special General Meeting Results

Retrieved on: 
Tuesday, July 28, 2020

HAMILTON, Bermuda, July 28, 2020 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (OTC:BCRHF) (the "Company"), a Bermuda holding company, reported the results of its Special General Meeting of Shareholders (Special General Meeting), that was held on July 28, 2020.

Key Points: 
  • HAMILTON, Bermuda, July 28, 2020 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (OTC:BCRHF) (the "Company"), a Bermuda holding company, reported the results of its Special General Meeting of Shareholders (Special General Meeting), that was held on July 28, 2020.
  • During the Special General Meeting both proposals submitted to shareholders were approved.
  • Following the Special General Meeting, the directors and officers of the Company resigned with immediate effect.
  • Blue Capital Reinsurance Holdings Ltd., is currently winding down its operations.

Blue Capital Reinsurance Holdings Reports Second Quarter 2020 Financial Position

Retrieved on: 
Monday, July 27, 2020

HAMILTON, Bermuda, July 27, 2020 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (OTC:BCRHF) (the "Company"), a Bermuda holding company, today reported its financial position for the second quarter of 2020.

Key Points: 
  • HAMILTON, Bermuda, July 27, 2020 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (OTC:BCRHF) (the "Company"), a Bermuda holding company, today reported its financial position for the second quarter of 2020.
  • Favorably impacting net assets in liquidation during the second quarter was a $0.2 million decrease in losses related to prior year periods and a $0.2 million positive adjustment to reinsurance premiums receivable.
  • Blue Capital Reinsurance Holdings Ltd., is currently winding down its operations.
  • BLUE CAPITAL REINSURANCE HOLDINGS LTD.

Blue Capital Reinsurance Holdings Declares Special Distribution

Retrieved on: 
Tuesday, June 30, 2020

HAMILTON, Bermuda, June 30, 2020 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (OTC:BCRHF); (the Company) has declared a special distribution of $0.74 per common share, which is payable on July 30, 2020 to holders of record as of July 15, 2020.

Key Points: 
  • HAMILTON, Bermuda, June 30, 2020 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (OTC:BCRHF); (the Company) has declared a special distribution of $0.74 per common share, which is payable on July 30, 2020 to holders of record as of July 15, 2020.
  • This partial distribution will be reflected as a reduction in the liquidation value to be reported as of June 30, 2020.
  • Blue Capital Reinsurance Holdings Ltd., is currently winding down its operations.
  • Underwriting decisions, operations and other management services are provided to the Company by Blue Capital Management Ltd., a subsidiary of Sompo International Holdings Ltd. (a wholly owned subsidiary of Sompo Holdings, Inc.), a recognized global specialty provider of property and casualty insurance and reinsurance and a leading property catastrophe and short tail reinsurer since 2001.

Blue Capital Reinsurance Holdings Ltd. Announces Special General Meeting of Shareholders

Retrieved on: 
Friday, May 29, 2020

HAMILTON, Bermuda, May 29, 2020 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (OTC:BCRHF) (the "Company"), a Bermuda holding company, today announced a Special General Meeting of Shareholders will be held at the Companys principal executive office at Waterloo House, 100 Pitts Bay Road, Pembroke HM08, Bermuda on July 28, 2020, at 10:00 a.m. Atlantic Daylight Time.

Key Points: 
  • HAMILTON, Bermuda, May 29, 2020 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (OTC:BCRHF) (the "Company"), a Bermuda holding company, today announced a Special General Meeting of Shareholders will be held at the Companys principal executive office at Waterloo House, 100 Pitts Bay Road, Pembroke HM08, Bermuda on July 28, 2020, at 10:00 a.m. Atlantic Daylight Time.
  • June 8, 2020 has been fixed as the record date for determining the Shareholders entitled to notice of, and to vote at, the Special General Meeting or any adjournments thereof.
  • Notice of the Special General Meeting of Shareholders and the accompanying proxy statement and form of proxy will be mailed to Shareholders on or about June 23, 2020.
  • Blue Capital Reinsurance Holdings Ltd. is currently winding down its operations.

Blue Capital Reinsurance Holdings Reports First Quarter 2020 Financial Position

Retrieved on: 
Thursday, April 30, 2020

HAMILTON, Bermuda, April 30, 2020 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (OTC:BCRHF) (the "Company"), a Bermuda holding company, today reported its financial position for the first quarter of 2020.

Key Points: 
  • HAMILTON, Bermuda, April 30, 2020 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (OTC:BCRHF) (the "Company"), a Bermuda holding company, today reported its financial position for the first quarter of 2020.
  • The Company, through its operating subsidiaries, previously offered collateralized reinsurance in the property catastrophe market and invested in various insurance-linked securities.
  • The Companys fully converted book value per common share was $1.45 at March31, 2020, reflecting a 2.6% decrease for the quarter, inclusive of dividends paid in the period.
  • Blue Capital Reinsurance Holdings Ltd., is currently winding down its operations.

Blue Capital Files Securities and Exchange Commission Form 15

Retrieved on: 
Monday, March 30, 2020

HAMILTON, Bermuda, March 30, 2020 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) ("Blue Capital" or the Company) announces that today it has filed a Form 15 with the U.S. Securities and Exchange Commission (the SEC) to voluntarily deregister its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended (the Exchange Act).

Key Points: 
  • HAMILTON, Bermuda, March 30, 2020 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) ("Blue Capital" or the Company) announces that today it has filed a Form 15 with the U.S. Securities and Exchange Commission (the SEC) to voluntarily deregister its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended (the Exchange Act).
  • As a result of the Form 15 filing, the Company will no longer be required to file certain reports under the Exchange Act, including quarterly reports on Form 10-Q, annual reports on Form 10-K, and current reports on Form 8-K.
    On March 19, 2020, the Company filed a Form 25 (Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934) with the SEC in order to voluntarily delist its common shares from the New York Stock Exchange (NYSE).
  • The Company will also withdraw its listing with the Bermuda Stock Exchange prior to July 31, 2020.
  • Blue Capital Reinsurance Holdings Ltd., through its operating subsidiaries, previously offered collateralized reinsurance in the property catastrophe market, leveraging underwriting expertise and infrastructure from established resources.

Blue Capital Files Securities and Exchange Commission Form 25

Retrieved on: 
Thursday, March 19, 2020

HAMILTON, Bermuda, March 19, 2020 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH, BSX:BCRH.BH) ("Blue Capital" or the Company) announces that today it has filed a Form 25 (Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934) with the U.S. Securities and Exchange Commission (the SEC) to voluntarily withdraw its common shares from listing on the New York Stock Exchange (NYSE).

Key Points: 
  • HAMILTON, Bermuda, March 19, 2020 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH, BSX:BCRH.BH) ("Blue Capital" or the Company) announces that today it has filed a Form 25 (Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934) with the U.S. Securities and Exchange Commission (the SEC) to voluntarily withdraw its common shares from listing on the New York Stock Exchange (NYSE).
  • As a result of the Form 25, the Company expects that the last trading day for its common shares on the NYSE will be on March 30, 2020 (ten days from the date of the Form 25 filing).
  • After the effectiveness of the Form 25 filing, Blue Capital expects to file a Form 15 with the SEC, requesting the suspension of Blue Capitals reporting obligations under Sections 13(a) and 15(d) of the Securities Exchange Act of 1934.
  • Additional information can be found in the Company's public filings with the U.S. Securities and Exchange Commission or at www.bcapre.bm.

Blue Capital Announces Intent to Voluntarily Delist from New York Stock Exchange and Bermuda Stock Exchange

Retrieved on: 
Monday, March 9, 2020

As a result, the Company expects that the last trading day of its common stock on theNYSE will be on or aboutMarch 30, 2020.

Key Points: 
  • As a result, the Company expects that the last trading day of its common stock on theNYSE will be on or aboutMarch 30, 2020.
  • The Company will also withdraw its listing with the Bermuda Stock Exchange (BSX) prior to July 31, 2020.
  • The voluntary delisting is part of Blue Capitals previously announced decision to cease active operations and pursue an orderly run-off of its liabilities and in force portfolio and return capital to shareholders.
  • Blue Capital Reinsurance Holdings Ltd., through its operating subsidiaries, previously offered collateralized reinsurance in the property catastrophe market, leveraging underwriting expertise and infrastructure from established resources.

Blue Capital Declares Special Distribution

Retrieved on: 
Monday, March 9, 2020

HAMILTON, Bermuda, March 09, 2020 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) ("Blue Capital") has declared a special distribution of $6.00 per common share, which is payable on March 30, 2020 to holders of record as of March 19, 2020.

Key Points: 
  • HAMILTON, Bermuda, March 09, 2020 (GLOBE NEWSWIRE) -- Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) ("Blue Capital") has declared a special distribution of $6.00 per common share, which is payable on March 30, 2020 to holders of record as of March 19, 2020.
  • This partial distribution will be reflected as a reduction in the liquidation value to be reported as of March 31, 2020.
  • Such statements may include forward-looking statements with respect to future special dividends, our run-off financial performance and the insurance and reinsurance sectors.
  • Blue Capital Reinsurance Holdings Ltd., is currently winding down its operations.