Bermuda: Montpelier Re targets $125 million in proceeds from Blue Capital IPO
Posted On: Oct. 31, 2013 12:00 AM CSTBermuda's Montpelier Re Holdings Ltd. aims to raise $125 million through an initial public offering for its new collateralized reinsurer Blue Capital Reinsurance Holdings Ltd., reports have said.
This would give Blue Capital a market capitalization of $175 million, Artemis.bm reported.