Blue Capital Alternative Income Fd Hurricane Maria (0271S)
September 28 2017 - 2:00AM
UK Regulatory
TIDMBCAI
RNS Number : 0271S
Blue Capital Alternative Income Fd
28 September 2017
Blue Capital Alternative Income Fund Limited (the "Company")
(Ticker: "BCAI")
28 September 2017
Hurricane Maria
On 20 September 2017, Hurricane Maria made landfall in Puerto
Rico 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 Maria. 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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