Blue Capital to delist from BSX and NYSE – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

Log In

Reset Password
BERMUDA | RSS PODCAST

Blue Capital to delist from BSX and NYSE

Blue Capital Reinsurance Holdings Ltd intends to delist itself from the New York Stock Exchange and the Bermuda Stock Exchange.

The voluntary delisting is part of Blue Capital's previously announced decision to cease active operations and pursue an orderly run-off of its liabilities and in force portfolio and return capital to shareholders.

Blue Capital said it expects its delisting from the NYSE to be effective on or about March 30. It added that it will withdraw its listing with the BSX before July 31 this year.

The company, formerly a provider of collateralised reinsurance, said its delisting from NYSE and the BSX will not impact its ability to make future distributions.

Blue Capital Management Ltd, a subsidiary of Sompo International, directed Blue Capital's underwriting decisions.

Blue Capital: to delist its shares from two stock exchanges

You must be Registered or to post comment or to vote.

Published March 11, 2020 at 9:00 am (Updated March 11, 2020 at 9:25 am)

Blue Capital to delist from BSX and NYSE

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon