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Blue Capital Declares Quarterly Dividend on Common Shares and Will Release Its Second Quarter 2015 Results on July 27, 2015

Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH); (the "Company" or "Blue Capital") has declared a quarterly dividend of $0.30 per common share, which is payable on or before July 15, 2015 to holders of record as of June 30, 2015.

In addition, the Company expects to release its second quarter 2015 results after the market close on July 27, 2015. The Company will not be hosting a conference call to discuss its results for this quarter.

Blue Capital, through its operating subsidiaries, offers collateralized reinsurance in the property catastrophe market and invests in various insurance-linked securities. Additional information can be found in the Company's public filings with the Securities and Exchange Commission or at www.bcapre.bm.

This press release may contain "forward-looking" statements within the meaning of the United States federal securities laws, pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, that are not historical facts, including statements about our beliefs and expectations. All forward-looking statements are based upon current plans, estimates and projections. Actual results could differ materially from those projected in any forward-looking statements, as a result of certain risk factors disclosed previously, and from time to time, in the Company's filings with the United States Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Blue Capital Reinsurance Holdings Ltd.
Investors:
Michael Paquette, 441-278-5012
or
General Inquiries, 441-278-5004