Blue Capital Global Reinsurance Fund Limited – Net Asset Value April 2017

Hamilton, Bermuda – May 18, 2017 – In a filing with the Bermuda Stock Exchange (“BSX”), Blue Capital Global Reinsurance Fund Limited (the "Company", Ticker: BCGR.BH) reported unaudited net asset value at the close of business on 30 April 2017. The full filing stated:

Blue Capital Global Reinsurance Fund Limited (the “Company”) (Ticker: “BCGR”)

May 18, 2017

Net Asset Value, April 2017

As at the close of business on 30 April 2017, the unaudited net asset value of the Company's Ordinary Shares is as follows:

In accordance with the Circular of the Company dated 4 November 2016, the Company’s administrator has calculated the estimated Net Asset Value per Redemption Share as at the close of business on 30 April 2017.  Holders of the Redemption Shares should note that the value below is included purely to provide an indication of the potential redemption proceeds yet to be paid for each Redemption Share. The actual proceeds that will be paid may differ from the amount indicated below as a result of, inter alia, the performance of the portfolio attributable to the Redemption Shares and the deduction of any applicable costs.

For more information about the Company, including access to the Company’s monthly Fact Sheets, please visit our website at www.bcgr.bm.

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