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Markel CATCo fund sets up 4.4% loss reserve for October California wildfires

Markel CATCo Investment Management Ltd. has established a loss reserve amounting to 4.4% of net asset value (NAV) for its listed retrocessional reinsurance fund, the CATCo Opportunities Fund, to cover any losses from the wildfires that struck the northern California region during October 2017.The California wildfires are just the latest read the full article →

Markel CATCo adds another $3.37m to listed fund, targets $6bn in 2018

Markel CATCo Investment Management Ltd. has raised further capital for its stock exchange listed retrocessional ILS investment strategy, adding another small $3.37 million increment, as the manager targets reaching $6 billion in assets under management during 2018.Markel CATCo has raised a significant haul of fresh capital to position itself to read the full article →

Markel CATCo promotes Alissa Fredricks to CEO, Bermuda

Reinsurance and retrocession linked asset manager Markel CATCo Investment Management Ltd. has promoted Alissa Fredricks to the newly created role of Chief Executive Officer, Bermuda, which will see her take responsibility for the firms operations on the island.Fredricks has been with Markel CATCo since May 2016, holding the role of read the full article →

Markel CATCo raises $543m for listed Reinsurance Opportunities Fund

Markel CATCo Investment Management Ltd., the collateralized reinsurance and retrocessional investment fund manager, has successfully raised $543 million of new capital from investors for its stock exchange listed retrocession focused CATCo Reinsurance Opportunities Fund.The news follows a huge $1.8 billion capital raise for Markel CATCo's private reinsurance and retrocession ILS read the full article →

CATCo listed retro fund enhances dividend, cites investor demand

Markel CATCo Investment Management Ltd., the collateralized reinsurance and retrocessional investment fund manager, which is in the middle of raising new capital for its listed retrocession fund, has announced its intention to enhance the fund's dividend policy, citing investor demand.Having already raised over $1.8 billion for its private ILS funds read the full article →

Markel CATCo targets $250m+ capital raise for listed fund

Markel CATCo Investment Management Ltd., the collateralized reinsurance and retrocessional investment fund manager, is aiming to raise at least $250 million of new capital for its stock exchange listed retrocessional reinsurance fund, to take advantage of new demand at the January renewals.Having raised over $1.8 billion for its private ILS read the full article →

Markel CATCo raises over $1.8bn to meet renewal demand

Markel CATCo Investment Management Ltd., the collateralized reinsurance and retrocessional investment fund manager, has raised over $1.8 billion of new capital from investors to ensure continuity for its ceding clients and meet renewal demand for its products.Markel CATCo has raised the more than $1.8 billion for its private ILS fund read the full article →

CATCo investment fee income dips at Markel following catastrophes

Insurance and financial services giant Markel Corporation reported a dip in investment management fees generated by the collateralized reinsurance and retrocession linked investment activities of specialist manager Markel CATCo Investment Management, in the wake of recent catastrophe losses.Markel's third-quarter 2017 results show that investment management fees earned from Markel CATCo’s read the full article →

CATCo listed fund has major loss free first-half, to raise more capital

The CATCo Reinsurance Opportunities Fund Ltd., a listed fund vehicle operated by reinsurance and retrocession linked investment manager Markel CATCo Investment Management Ltd., has reported a first-half of the year free of major losses and now looks to raise more capital in order to take advantage of opportunities.For the first-half read the full article →

Markel CATCo investment fee income rises again for Markel Corp.

Investment management fees generated by the collateralized reinsurance and retrocession linked investment activities of specialist manager Markel CATCo Investment Management have again risen, adding an increasing contribution for Markel Corporation.In its second-quarter 2017 results, financial services and insurance group Markel Corporation said that investment management fees earned thanks to Markel read the full article →