Blue Capital puts Q3 cat losses at $57.5mn
Blue Capital estimated net catastrophe losses at $57.5mn for
third quarter, citing Hurricanes Harvey, Irma and Maria as well as
the two major Mexican earthquakes in the period.
As a result of the losses, Blue Capital said today that its book
value per share would drop to $14.48 as of the end of September.
That's down 30 percent from $20.70 as of 30 June.
The cat losses led Blue Capital's London-listed Alternative
Income fund to report a 26 percent loss...
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