CATCo Reinsurance Opps Fund Ltd Net Asset Value(s) (0268Z)

TIDMCAT

RNS Number : 0268Z

CATCo Reinsurance Opps Fund Ltd

12 December 2017

FOR IMMEDIATE RELEASE

12 December 2017

To: SFS, London Stock Exchange and Bermuda Stock Exchange

NET ASSET VALUE ("NAV")

Markel CATCo Investment Management Ltd., as Investment Manager, announces the unaudited net asset value of the Company's Ordinary Shares of $1.0660, as at the close of business on 30 November 2017.

The Investment Manager recorded a loss reserve of c.4.40% of NAV in relation to the wildfires that impacted Northern parts of California, U.S.A. during October 2017.

The NAV is inclusive of an attritional loss reserve of approximately 15bps per month (year-to-date: 165bps).

 
For further information: 
Markel CATCo Investment Management       Numis Securities Limited 
 Ltd.                                     David Benda / Hugh Jonathan 
                                          Telephone: +44 (0) 20 
 Judith Wynne                             7260 1000 
 General Counsel 
 Telephone: +1 441 493 9005 
 Email: judith.wynne@markelcatco.com 
 Mark Way 
 Chief Operating Officer 
 Telephone: +1 441 493 9001 
 Email: http://mark.way@markelcatco.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 12, 2017 02:01 ET (07:01 GMT)

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