Catco grows December NAV with reserve releases on 2017 and 2018 events
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

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

Liz Bury
07 February 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
markel Catco logo Bermuda.jpg

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,

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsResultsMarkel Catco
liz bury 2024 ii ils 2.png
Liz Bury
Editor
Contact
Gift this article