Blue Capital Reinsurance Holdings Ltd. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported total revenues of $7.7 million compared to $10.3 million a year ago. Net income and comprehensive income was $2.5 million compared to $4.6 million a year ago. Basic and diluted earnings per common share were $0.28 compared to $0.52 a year ago. Reinsurance premiums written was $7.4 million against $12.1 million a year ago. For the six months, the company reported total revenues of $15.7 million compared to $20.2 million a year ago. Net income and comprehensive income was $3.0 million compared to $8.7 million a year ago. Basic and diluted earnings per common share were $0.34 compared to $0.99 a year ago. Book value per common share was $14.24 compared to $20.73 a year ago. The Company’s fully converted book value per common share was $14.21 at June 30, 2018, reflecting a 1.8% increase for the quarter and a 2.3% increase since December 31, 2017, each inclusive of dividends declared in such periods. Reinsurance premiums written was $19.9 million against $29.1 million a year ago.