Blue Capital Reinsurance expects $5.1M negative financial impact in Q2 from catastrophe events
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Blue Capital ReinsuranceHoldings Ltd. estimates a net negative financial impact in the secondquarter of $5.1 million from the Fort McMurray wildfires in Canada, the convectivestorms in Texas and Europe, and the Kumamoto earthquake in Japan.
The company's estimate includes the sum of net loss and lossadjustment expenses of $5.8 million and negative reinstatement premiums of $700,000.
