Markel Catco listed $5.5mn fund run-off gains in 2023 on reserve development
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Markel Catco listed $5.5mn fund run-off gains in 2023 on reserve development

The fund has nine open contracts it is actively trying to run-off, four years after its failure.

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Markel Catco’s London-listed Reinsurance Opportunities Fund reported a 60% gain on its remaining funds in 2023, with net assets rising from $9mn at 31 December 2022 to $14.5mn

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