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Blue Capital posts 1Q profit

PEMBROKE, Bermuda (AP) _ Blue Capital Reinsurance Holdings Ltd. (BCRH) on Monday reported first-quarter profit of $4.1 million.

The Pembroke, Bermuda-based company said it had profit of 47 cents per share.

The reinsurance company posted revenue of $9.9 million in the period. Its adjusted revenue was $10.3 million.

Blue Capital shares have increased slightly more than 3 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $19.05, a climb of 9 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