Blue Capital Reinsurance Files Registration Statement For Proposed IPO

(RTTNews) - Montpelier Re Holdings Ltd.'s (MRH) unit, Blue Capital Reinsurance Holdings Ltd., has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission or SEC regarding the proposed initial public offering or IPO of Blue Capital Reinsurance's common shares. The number of shares to be offered and the price for the proposed offering is yet to be determined.

Deutsche Bank Securities would act as book-running manager for the offering. A registration statement filed with the SEC has not yet become effective. Earlier, the registration statement had been submitted to the SEC on a confidential basis under the Jumpstart Our Business Startups Act of 2012.