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RNS Number : 0737Q CATCo Reinsurance Opps Fund Ltd 16 February 2023
FOR IMMEDIATE RELEASE
16 February 2023
CATCo Reinsurance Opportunities Fund Ltd. (the "Company")
Net Asset Value
To: SFS, London Stock Exchange and Bermuda Stock Exchange
December 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 $13.2222 and $96.0839 respectively, as at the
close of business on 31 December 2022.
The increase in the quarterly NAV from 1 September 2022 to 31 December 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
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