Catco confirms May hit after Jebi and Michael creep
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Catco confirms May hit after Jebi and Michael creep

Sofia Geraghty
26 June 2019
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

Markel Catco posted an 18.3 percent drop in net asset value (NAV) during May for ordinary shares in its Reinsurance Opportunities fund, due to previously forecast loss creep from Typhoon Jebi and Hurricane Michael.

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

NewsClaims and lossesRetrocessionMarkel
Sofia-Geraghty_220-180.png
Sofia Geraghty
Gift this article