Blue Capital Reinsurance Holdings (BCRH) annual income statement covering fiscal 2014 through 2018, as reported to the SEC.
Total revenues have shrunk 5.6% a year on average since fiscal 2014, from $44.6M to $35.4M.
An income statement shows what a company sold and what it cost to run the business, ending with the profit left over.
| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenues | ||||||||||||||||||||
Reinsurance premiums written | ||||||||||||||||||||
33,200 | 46,100 | 43,200 | 38,600 | 45,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Reinsurance premiums written | 33,200 | 46,100 | 43,200 | 38,600 | 45,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Change in net unearned reinsurance premiums | ||||||||||||||||||||
200 | -100 | 400 | -300 | -1,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Change in net unearned reinsurance premiums | 200 | -100 | 400 | -300 | -1,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net reinsurance premiums earned | ||||||||||||||||||||
33,400 | 46,000 | 43,600 | 38,300 | 43,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net reinsurance premiums earned | 33,400 | 46,000 | 43,600 | 38,300 | 43,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net gain from derivative instruments | ||||||||||||||||||||
- | 2,300 | -1,200 | -200 | 700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net gain from derivative instruments | - | 2,300 | -1,200 | -200 | 700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net investment income | ||||||||||||||||||||
2,000 | 1,100 | 200 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net investment income | 2,000 | 1,100 | 200 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total revenues | ||||||||||||||||||||
35,400 | 49,400 | 42,600 | 38,100 | 44,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total revenues | 35,400 | 49,400 | 42,600 | 38,100 | 44,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Expenses | ||||||||||||||||||||
Underwriting expenses: | ||||||||||||||||||||
Loss and loss adjustment expenses | ||||||||||||||||||||
50,500 | 79,000 | 13,700 | 2,600 | 17,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Loss and loss adjustment expenses | 50,500 | 79,000 | 13,700 | 2,600 | 17,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Reinsurance acquisition costs | ||||||||||||||||||||
9,000 | 8,700 | 9,600 | 8,600 | 7,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Reinsurance acquisition costs | 9,000 | 8,700 | 9,600 | 8,600 | 7,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
General and administrative expenses | ||||||||||||||||||||
4,500 | 4,900 | 5,000 | 6,100 | 4,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
General and administrative expenses | 4,500 | 4,900 | 5,000 | 6,100 | 4,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Interest expenses | ||||||||||||||||||||
- | - | - | 100 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Interest expenses | - | - | - | 100 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total expenses | ||||||||||||||||||||
64,000 | 92,600 | 28,300 | 17,400 | 29,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total expenses | 64,000 | 92,600 | 28,300 | 17,400 | 29,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net Income (Loss) Attributable to Parent | ||||||||||||||||||||
-28,600 | -43,200 | 14,300 | 20,700 | 15,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net Income (Loss) Attributable to Parent | -28,600 | -43,200 | 14,300 | 20,700 | 15,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Comprehensive income (loss) | ||||||||||||||||||||
-28,600 | -43,200 | 14,300 | 20,700 | 15,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Comprehensive income (loss) | -28,600 | -43,200 | 14,300 | 20,700 | 15,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Earnings Per Share [Abstract] | ||||||||||||||||||||
Basic and diluted (loss) earnings per Common Share (in dollars per share) | ||||||||||||||||||||
-3.27 | -4.94 | 1.63 | 2.36 | 1.72 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Basic and diluted (loss) earnings per Common Share (in dollars per share) | -3.27 | -4.94 | 1.63 | 2.36 | 1.72 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Dividends declared per Common Share and RSU (in dollars per share) | ||||||||||||||||||||
0.90 | 1.49 | 2.14 | 1.56 | 0.90 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Dividends declared per Common Share and RSU (in dollars per share) | 0.90 | 1.49 | 2.14 | 1.56 | 0.90 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||