Markel Catco listed fund run-off makes half-year gain
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Markel Catco listed fund run-off makes half-year gain

Fiona Robertson
26 September 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
markel Catco logo Bermuda.jpg

Markel Catco’s London-listed Reinsurance Opportunities Fund reported a 20% gain on its small remaining funds in the first half due to positive development of 2018 and 2019 reserves.

Interest income also boosted the results, with net assets of $9mn rising to $10.8mn by the half-year point.

The ordinary share class – exposed to 2017 events – rose by $0.3mn

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? Login now

Topics

NewsILS investorsResultsMarkel Catco
fiona robertson/fiona robertson ii ils.png
Fiona Robertson
Editor-in-Chief
Contact
Gift this article