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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 →

Markel CATCo fund commutes some of its Jubilee FPSO exposure

The CATCo Reinsurance Opportunities Fund Ltd., a London-listed vehicle managed by reinsurance and retrocession linked investment manager Markel CATCo Investment Management Ltd., has commuted some of its exposure to the Jubilee oil field energy loss event.The industry loss due to the damaged turret on the Kwame Nkrumah FPSO (floating production read the full article →

Old Mutual continues to grow stake in Markel CATCo listed fund

Investment and finance giant Old Mutual plc has continued to increase the stake it holds in the shares of the Markel CATCo managed, exchange-listed retrocessional reinsurance fund the CATCo Reinsurance Opportunities Fund Ltd.Old Mutual has been the largest investor in the CATCo Reinsurance Opportunities Fund, topping the list of those read the full article →

CATCo listed reinsurance fund passes $500m on $46m capital raise

The London and Bermuda listed CATCo Reinsurance Opportunities Fund Ltd., which is managed by reinsurance and retrocessional reinsurance linked investment management firm Markel CATCo Investment Management Ltd., has raised another $46 million for the mid-year renewals, taking the fund's total assets past $500 million.Ten days ago we reports that Markel read the full article →

Markel CATCo looks to raise more capital for mid-year renewals

Reinsurance and retrocessional reinsurance linked investment management firm Markel CATCo Investment Management Ltd. is looking to raise new capital from investors to increase its available capacity for deployment at the mid-year renewals, as the manager sees opportunities with both existing and new counterparties.The mid-year June and July reinsurance renewals read the full article →

Markel CATCo fund closes majority of its Pemex loss side pockets

Insurance and reinsurance linked investment manager Markel CATCo Investment Management Ltd. has resolved and closed the majority of its side pocket investments related to the Pemex oil rig fire and explosion, by redeeming the C Shares issued, which will now be converted back to ordinary shares in the fund.It's a read the full article →