trending Market Intelligence /marketintelligence/en/news-insights/trending/-abxPpNFDWK57sHMGQesJg2 content esgSubNav
In This List

Blue Capital Reinsurance expects $57.5M in Q3 catastrophe losses

Case Study

A Prestigious Global Business School Gains a Competitive Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Video

S&P Capital IQ Pro | Powering Your Edge

Blog

Beyond ESG with Climate Stress Testing: Getting Practical at Banks & Insurers


Blue Capital Reinsurance expects $57.5M in Q3 catastrophe losses

Blue Capital Reinsurance Holdings Ltd. expects third-quarter catastrophe losses of $57.5 million, net of reinsurance and reinstatement premiums.

The estimated losses reflect the impact of hurricanes Harvey, Irma and Maria and two earthquakes in Mexico.

Its Sept. 30 book value per share is expected to be about $14.48. The estimates for 2017 incurred losses, net of reinsurance and reinstatement premiums, have driven a year-to-date decline in book value, including dividends, of 23.6%.