CATCo Reinsurance Opps Fund Ltd Directorate Change (7154X)
May 10 2016 - 2:00AM
UK Regulatory
TIDMCAT
RNS Number : 7154X
CATCo Reinsurance Opps Fund Ltd
10 May 2016
CATCo Reinsurance Opportunities Fund Ltd (the "Company").
Executive changes at Markel CATCo Investment Management Ltd.
To: SFM, London Stock Exchange and 10 May 2016
Bermuda Stock Exchange
The Company announces the following executive change at its
Manager, Markel CATCo Investment Management Ltd. ("Markel
CATCo").
In line with its planned strategy, Markel CATCo intends to
appoint Lindsay Watson as Chief Underwriting Officer. As part of
this process, and by mutual agreement, Graham Wood, Chief
Underwriting Officer, has today stepped down from Markel CATCo.
Lindsay, who is currently Senior Underwriter at Markel CATCo,
has over 13 years' experience in the US, Bermuda and London
Property and Casualty reinsurance markets.
Prior to joining Markel CATCo, Lindsay was a senior underwriter
at Amlin (now MS Amlin), one of the world's largest reinsurance
companies. Prior to this, she worked for the reinsurance broker Guy
Carpenter. Lindsay is a qualified Associate in Reinsurance.
Graham Wood was one of the founding directors of CATCo
Investment Management Ltd. which was acquired by Markel Corporation
on 8 December 2015. He has been part of the senior management team
which has seen Markel CATCo's AUM grow to over $3bn.
Tony Belisle, Chief Executive Officer of Markel CATCo Investment
Management Ltd., said:
"Graham's close management of our client relationships has been
immense and I am very grateful for all of his help in building the
business to the size it now is. We wish him well on his return to
the UK.
"Lindsay has all of the necessary underwriting skills to move
the business forward during this next stage of Markel CATCo's
development. Lindsay is already fully immersed in all of the
reinsurance business conducted at Markel CATCo and she was brought
in originally as part of the underwriting team succession
plan."
For further information:
Judith Wynne
General Counsel
Markel CATCo Investment Management Ltd.
Telephone: +1 441 493 9005
Email: judith.wynne@markelcatco.com
Mark Way
Chief Operating Officer
Markel CATCo Investment Management Ltd.
Telephone: +1 441 493 9001
Email: mark.way@markelcatco.com
David Benda / Hugh Jonathan
Numis Securities Limited
Telephone: +44 (0) 20 7260 1000
- ends -
This information is provided by RNS
The company news service from the London Stock Exchange
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