REG - CATCo Re-ins Opps Fd - Net Asset Value(s)

CATCo Reinsurance Opportunities FundAnnouncement

02/11/2022 07:17

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221102:nRSB0123Fa&default-theme=true

RNS Number : 0123F  CATCo Reinsurance Opps Fund Ltd  02 November 2022

FOR IMMEDIATE RELEASE

 

 

2 November 2022

CATCo Reinsurance Opportunities Fund Ltd. (the "Company")

Net Asset Value

 

 

To: SFS, London Stock Exchange and Bermuda Stock Exchange

September 2022 Net Asset Values

Markel CATCo Investment Management Ltd., the Company's Investment Manager,
announces the quarterly unaudited Net Asset Value ("NAV") of the Company's
Ordinary Shares and C Shares of $3.3355 and $17.5042 respectively, as at the
close of business on 30 September 2022.

 

The increase in the quarterly NAV from 1 July 2022 to 30 September 2022
was due to favourable loss reserve development in relation to the
underlying Side Pocket Investments from the 2018 and 2019 underwriting years.

 

 

 

 For further information:
 Markel CATCo Investment Management Ltd.  Numis Securities Limited

 Judith Wynne                             David Benda / Hugh Jonathan

 General Counsel                          Telephone: +44 (0) 20 7260 1000

 Telephone: +1 441 493 9005

 Email: judith.wynne@markelcatco.com

 Mark Way

 Chief of Investor Marketing

 Telephone: +1 441 493 9001

 Email: mark.way@markelcatco.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NAVUPGPCGUPPUGP