REG - CATCo Re-ins Opps Fd - Net Asset Value(s) <Origin Href="QuoteRef">CATC.L</Origin>
RNS Number : 0268ZCATCo Reinsurance Opps Fund Ltd12 December 2017FOR IMMEDIATE RELEASE
12 December 2017
To: SFS, London Stock Exchange and Bermuda Stock Exchange
NET ASSET VALUE ("NAV")
Markel CATCo Investment Management Ltd., as Investment Manager, announces the unaudited net asset value of the Company's Ordinary Shares of $1.0660, as at the close of business on 30 November 2017.
The Investment Manager recorded a loss reserve of c.4.40% of NAV in relation to the wildfires that impacted Northern parts of California, U.S.A. during October 2017.
The NAV is inclusive of an attritional loss reserve of approximately 15bps per month (year-to-date: 165bps).
For further information:
Markel CATCo Investment Management Ltd.
Judith Wynne
General Counsel
Telephone: +1 441 493 9005
Email:judith.wynne@markelcatco.com
Mark Way
Chief Operating Officer
Telephone: +1 441 493 9001
Numis Securities Limited
David Benda / Hugh Jonathan
Telephone: +44 (0) 20 7260 1000
This information is provided by RNSThe company news service from the London Stock ExchangeENDNAVGGGRPPUPMPWG
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