Source - RNS
RNS Number : 9398L
Blue Capital Global Reinsurance Fnd
06 October 2016
 

 

 

Blue Capital Global Reinsurance Fund Limited (the "Company") (Ticker: "BCGR")

October 6, 2016

 

Re: Endurance Specialty Holdings Ltd.

The Company's Board of Directors reports that Endurance Specialty Holdings Ltd. ("Endurance"), the parent company of Blue Capital Management Ltd. ("Blue Capital"), the Company's investment manager, announced on October 5, 2016 that it has entered into a definitive merger agreement pursuant to which it will be acquired by Sompo Holdings, Inc. (subject to the satisfaction of certain conditions).  The Company does not anticipate any changes in the management of Blue Capital and all members of the Endurance Executive Team have agreed to continue in their current roles following the acquisition for at least five years.

For more information about the Company, including access to the Company's monthly Fact Sheets, please visit our website at www.bcgr.bm.

 Enquiries:

Adam Szakmary

Blue Capital Management Ltd.

Ph: +1 441 278 0400

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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