CATCo Reinsurance Opps Fund Ltd Investor Conference 2012 (8067M)

TIDMCAT

RNS Number : 8067M

CATCo Reinsurance Opps Fund Ltd

21 September 2012

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

2012 Investor Conference

 
 To: SFM, London Stock Exchange   Date: 21 September 2012 
  and Bermuda Stock Exchange

The Board announces that the inaugural CATCo Reinsurance Opportunities Fund Ltd. Investor Conference will be held today with the objective of providing an update on current activity within the Company and also to provide additional background information about the reinsurance sector and what the key drivers are affecting retrocessional demand and pricing.

Anthony Taylor, Chairman, CATCo Reinsurance Opportunities Fund Ltd., commented:

"Following 2011 being one of the worst years of all time for the insurance industry the fund currently expects to deliver a net return in excess of 20% in the current year, subject to no losses during 2012.

"Looking forward we believe the fund will maintain its well diversified portfolio of risk at current levels with the expectation for similar or even slightly better returns in 2013."

Copies of key slides from today's Investor presentations will be available at www.catcoim.com

For further information, please contact:

Jason Bibb, Director / Michael Toyer, Head of Investment Operations

CATCo Investment Management Ltd

Telephone: +1 441 531 2227

Email: jason.bibb@catcoim.com

Email: michael.toyer@catcoim.com

David Benda / Hugh Jonathan

Numis Securities Limited

Telephone: +44 (0) 20 7260 1000

John Whiley / Matthew Charleson

Prime Management Ltd