Montpelier Re

Bermudian reinsurance firm Montpelier Re, in the midst of being acquired by Endurance, has maintained its collateralized reinsurance underwriting activities through Q1 as the contribution from its Blue Capital unit grew as a percentage of premiums written.

Blue Capital Reinsurance Holdings Ltd. (BCRH), the NY stock exchange listed collateralized reinsurance subsidiary of Bermuda-based Montpelier Re, beat analysts expectations in its results announcement yesterday.

London and Bermuda listed, reinsurance and insurance linked investment fund the Blue Capital Global Reinsurance Fund, reported a total net asset value return for 2014 of 8.8%, a result it is pleased with despite the softening reinsurance market conditions.

Blue Capital Management Ltd., the third-party reinsurance capital investment manager of Bermudian reinsurer Montpelier Re, has grown its assets under management to $790m as the collateralized reinsurance segment increased its contribution.

Insurance and reinsurance linked investment manager Blue Capital Management, a subsidiary of Bermudian reinsurer Montpelier Re, has merged its insurance manager and investment manager entities into a single company.

The London and Bermuda listed, reinsurance and insurance linked investment Blue Capital Global Reinsurance Fund, has successfully raised $21.2m in its latest share placement, taking its total share capital to just over $217m.

London and Bermuda listed, Montpelier Re operated, reinsurance and ILS linked Blue Capital Global Reinsurance Fund, has published a prospectus and released a timetable for the first placing under a new programme, as it seeks to raise more capital.

London and Bermuda listed, Montpelier Re operated, reinsurance and ILS linked Blue Capital Global Reinsurance Fund, is planning to raise new capital from investors with a new placing of shares that is anticipated to close in the fourth-quarter.

Blue Capital Reinsurance Holdings Ltd. (BCRH), the NY stock exchange listed collateralized reinsurance subsidiary of Bermuda-based Montpelier Re, has reported a 6% gain in its book value per share for the first nine months of 2014.

London Stock Exchange listed, Montpelier Re operated, reinsurance linked Blue Capital Global Reinsurance Fund, has reported an increase in its net asset value for the first-half of 2014 of approximately 1.0%, after the impact of dividends declared.