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

Fiona Robertson
26 September 2023
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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

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