Blue Capital Alternative Income’s (BCAI’s) net asset value declined by 24.8% during 2017 (including dividends). BCAI’s manager says that the 2017 Atlantic hurricane season, which accounts for most of the fall, was perhaps a one in 33-year event and that BCAI’s losses are in line with its internal projections for such a scenario. BCAI now has less capital to deploy although, with insured losses estimated by Munich Re at $135bn globally, this also applies to other reinsurers. This has resulted in increased rates (prices) for the January 2018 reinsurance contract renewal season and the manager projects an 8%-13% return for 2018.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.