CATCo Reinsurance Opps Fund Ltd Announcement regarding Markel CATCo (7534J)
December 07 2018 - 2:00AM
UK Regulatory
TIDMCAT
RNS Number : 7534J
CATCo Reinsurance Opps Fund Ltd
07 December 2018
CATCo Reinsurance Opportunities Fund Ltd. ("the Company")
Announcement regarding Markel CATCo
To: London Stock Exchange and Date: 7 December 2018
Bermuda Stock Exchange
The Board notes the press release issued by Markel Corporation
(NYSE:MKL) yesterday (link), relating to the US and Bermuda
government enquiries into loss reserves recorded in late 2017 and
early 2018 by Markel CATCo Investment Management Ltd ("Markel
CATCo"), the Company's investment manager, and its subsidiaries.
Markel CATCo's subsidiaries include Markel CATCo Reinsurance Fund
Ltd., the master fund through which the Company invests, and Markel
CATCo Re Ltd, the reinsurer through which the master fund
invests.
The Board understands that these enquiries are at a preliminary
stage and continues to support Markel CATCo as the Company's
investment manager.
This Announcement contains Inside Information as defined under
the Market Abuse Regulation (EU) No. 596/2014.
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 of Investor Marketing
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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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