Blue Capital Alternative Income Fd Hurricane Irma (6833Q)
September 13 2017 - 12:10PM
UK Regulatory
TIDMBCAI
RNS Number : 6833Q
Blue Capital Alternative Income Fd
13 September 2017
Blue Capital Alternative Income Fund Limited (the "Company")
(Ticker: "BCAI")
13 September 2017
Hurricane Irma
On 10 September 2017, Hurricane Irma made initial U.S. landfall
near the Florida Keys, Florida as a major hurricane followed by
substantial rainfall and flooding. The Investment Manager has now
commenced its normal post-event procedures to estimate any loss to
the Company from Hurricane Irma. The Investment Manager's loss
estimates will be largely derived from the utilization of
proprietary catastrophe modeling, standard industry models, an
in-depth review of in-force contracts or initial indications from
clients and brokers. The actual losses from this event may
ultimately differ materially from estimated losses due to the
nature of the risks assumed, the complexity of the assessment of
damages and the limited number of reported claims received to date.
The Investment Manager will continue to monitor this event for
potential material impact to the Company.
Blue Capital Management
Ltd.
Michael J. McGuire +1 441 278 0988
Email: investorrelations@Sompo-Intl.com
Stifel Nicolaus Europe
Limited +44 (0)20 7710 7600
Neil Winward
Mark Bloomfield
Tunga Chigovanyika
This information is provided by RNS
The company news service from the London Stock Exchange
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