Catco grows December NAV with reserve releases on 2017 and 2018 events
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Catco grows December NAV with reserve releases on 2017 and 2018 events

Liz Bury
07 February 2022
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The Catco Reinsurance Opportunities Fund has reported an increase in December net asset value (NAV) due to favourable development on loss reserves for catastrophe events in in 2017 and 2018.

The NAV of ordinary shares grew by 5% to $0.3389 and for C shares it was up 7% to $0.6750,

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