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Net Asset Value(s)

23 Dec 2021 07:00

RNS Number : 5603W
CATCo Reinsurance Opps Fund Ltd
23 December 2021
 

FOR IMMEDIATE RELEASE

 

 

23 December 2021

CATCo Reinsurance Opportunities Fund Ltd. (the "Company")

Net Asset Value

 

 

To: SFS, London Stock Exchange and Bermuda Stock Exchange 

November 2021 Net Asset Values

Markel CATCo Investment Management Ltd., the Company's Investment Manager, announces the unaudited Net Asset Value ("NAV") of the Company's Ordinary Shares and C Shares of $0.3229 and $0.6293 respectively, as at the close of business on 30 November 2021.

 

The improvement in the Ordinary and C Shares (0.5% and 2.5% respectively) is due to favourable developments of the loss reserves related to the 2019 catastrophe events.

 

 

For further information:

 

Markel CATCo Investment Management Ltd.

 

Judith Wynne

General Counsel

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

Numis Securities Limited

 

David Benda / Hugh Jonathan

Telephone: +44 (0) 20 7260 1000

 

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