Montpelier Re

Shareholders in Blue Capital Global Reinsurance Fund Ltd., the listed reinsurance-linked investment fund operated by Blue Capital Management, have voted in favour of proposed amendments to the fund’s investment policy.

Blue Capital Management, the third-party capital and reinsurance-linked asset manager of reinsurer Montpelier Re, has asked shareholders in its Blue Capital Global Reinsurance Fund to approve some amendments to its investment policy in advance of January renewals.

A trio of reinsurance focused equity analysts have initiated coverage this week on the newly launched and IPO’d Blue Capital Reinsurance Holdings, the third-party capital financed, fully-collateralized reinsurance subsidiary of reinsurer Montpelier Re.

Blue Capital Management, the third-party capital and reinsurance-linked fund management arm of Bermuda based reinsurer Montpelier Re, has announced the successful raising of $23m of new capital from investors through the latest share placement for its listed fund.

Blue Capital Reinsurance Holdings, the third-party capital financed collateralized reinsurance subsidiary, has completed its initial public offering (IPO) of shares on the New York Stock Exchange, according to parent company Montpelier Re Holdings.

Blue Capital Reinsurance Holdings, the third-party capital financed collateralized reinsurer being IPO’d as a New York Stock Exchange listed subsidiary of Bermuda-based reinsurer Montpelier Re, has announced the pricing of shares for its initial public offering.

At Bermudian reinsurance firm Montpelier Re the impact of third-party reinsurance capital and alternative structures, such as catastrophe bonds and ILS, creates opportunities on both sides of the market, according to comments from senior executives.

Blue Capital Reinsurance Holdings, the third-party capital backed collateralized reinsurance firm being launched as a subsidiary of Bermuda-based reinsurer Montpelier Re, has set out its policy for the first dividend to be paid to investors as it moves towards its IPO.

According to reports Bermuda based reinsurer Montpelier Re will target raising $125m for its new collateralized reinsurer Blue Capital Reinsurance Holdings through its initial public offering of shares to be listed on the New York Stock Exchange.

Bermuda reinsurer Montpelier Re’s third-party capital and reinsurance-linked investment fund management unit Blue Capital Management is showing steady progress as its premiums written increased to $35.3m and premiums earned reach $17.5m for 2013.