Overview
CatCo Reinsurance Opportunities C shares area separate class of share issued by CatCo on 1 December 2017. They should be merged into the ordinary shares at some point in the future.
Research History
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07 Apr 2020 7 min read
QuotedData’s Economic Roundup – April 2020
Economic & Political Roundup Kindly sponsored by Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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18 Jan 2018 2 min read
QuotedData – 2017 review of the year
QuotedData – 2017 review of the year – Many commentators, including us, were wary going into 2017. In the event, economic growth and markets surprised on the upside: US markets hit new highs despite three interest rate rises. Perceived low/no growth areas such as Europe and Japan burst into life. Asia’s technology stocks surged. India’s […]
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19 Oct 2017 2 min read
Quarterly investment companies roundup – Third quarter 2017
Quarterly investment companies roundup – Third quarter 2017 – Markets moved up a little over the course of the three months ended 30 September 2017. Regionally, emerging markets did well. The pound strengthened a bit relative to the US dollar but was flat against the euro. The oil price rose by more than 20%. In […]
News
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28 Jan 2021 1 min read
QuotedData’s morning briefing 28 January 2021
In QuotedData’s morning briefing 28 January 2021: VH Global Sustainable Energy Opportunities raised £242.6m from its IPO. Dealings in the ordinary shares will commence at 8.00 a.m. on 2 February 2021. CATCo Reinsurance Opportunities says its unaudited NAVs for the ordinary shares and C shares were $0.2828 and $0.5071 respectively, as at the close of business on […]
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25 Aug 2020 1 min read
QuotedData’s morning briefing 25 August 2020
In QuotedData’s morning briefing 25 August 2020: Princess Private Equity says that its manager, Partners Group, has agreed the sale of its majority equity stake in PCI Pharma Services to private equity firm Kohlberg & Company and Abu Dhabi-based sovereign investor Mubadala Investment Company. Princess, alongside other Partners Group-managed funds, will retain a meaningful minority equity […]
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23 Mar 2020 5 min read
CATCo Reinsurance Opportunities helped by relatively lower levels of catastrophic activity over 2019
CATCo Reinsurance Opportunities (CAT) has reported annual results to 31 December 2019. Catastrophic activity over 2019 was relatively benign, following two consecutive years of severe natural catastrophic events. CAT said global insured losses during 2019 are estimated to have amounted to $52bn, in line with the long-term average, compared to 2017 and 2018, which were the […]
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17 Oct 2019 1 min read
CatCo makes further storm provisions
CatCo makes further storm provisions – CatCo Reinsurance Opportunities has just released updated NAVs as at the end of September 2019. The NAV of the ordinary shares is down to 30 cents and the C share NAV is said to be 57 cents. The company has been making provisions against its anticipated losses from recent […]
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26 Jul 2019 3 min read
QuotedData’s other news 26 July 2019
In QuotedData’s other news 26 July 2019: Scottish American (SCAM) has announced its interim results for the six-months ended 30 June 2016, in which it modestly outperformed its benchmark. SCAM’s net asset value total return for the first six months of 2019 was 17.3% and the share price total return was 17.5%. In contrast, it says […]
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3 min read
Catco Reinsurance Opportunities to return cash
Catco Reinsurance Opportunities (CAT) has announced proposals to return cash to shareholders. This follows the publication of a press release by its investment manager, Markel CATCo Investment Management Ltd., saying that it: will stop accepting new investments in Markel CATCo Reinsurance Fund Ltd. (MCRF) will not write any new business going forward through Markel CATCo […]
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21 Jan 2019 2 min read
CATCo Reinsurance manager ousts CEO
CATCo Reinsurance manager ousts CEO – with immediate effect, Anthony Belisle, chief executive officer, and Alissa Fredricks, chief executive officer – Bermuda, are no longer with Markel CATCo (CATCo Reinsurance’s manager) as a consequence of their violation of Markel policies relating to an undisclosed personal relationship. With effect from 18 January 2019, management and oversight […]
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19 Dec 2018 3 min read
CATCo Reinsurance Opportunities – plans 2019 redemption opportunity
Following on from its announcement on 7 December 2018 that its manager Markel CATCo Investment Management Ltd, is subject to enquiries, by the US and Bermuda governments, into loss reserves recorded in late 2017 and early 2018 (click here to read the story), CATCo Reinsurance Opportunities (CATCo) has now announced that its board has noted […]
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07 Dec 2018 2 min read
CATCo Reinsurance Opportunities’ manager under investigation
CATCo Reinsurance Opportunities has announced that its investment manager, Markel CATCo Investment Management Ltd, is subject to enquiries, by the US and Bermuda governments, into loss reserves recorded in late 2017 and early 2018. This includes its subsidiaries Markel CATCo Reinsurance Fund Ltd and Markel CATCo Re Ltd Markel CATCo Reinsurance Fund Ltd is the […]
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22 Nov 2018 2 min read
CATCo expecting large losses after California Fires
CATCo expecting large losses after California Fires – CATco Investment Management Ltd (CAT) is expecting large losses after the recent early November wildfires in California, specifically the Camp Fire and Woolsey fires. These fires are the most destructive in California’s history. the early estimates are predicting potential losses due to the fires in the portfolio […]
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19 Oct 2018 2 min read
CATCo warns on hurricane Michael and Typhoon Jebi
CATCo warns on hurricane Michael and Typhoon Jebi – Markel CATCo Investment Management Ltd, CATCo Reinsurance Opportunities‘ investment manager, says that the unaudited net asset value of the company’s ordinary Shares and C shares was $0.7174 and $1.1287 respectively, as at the close of business on 30 September 2018. Both sets of shareholders are exposed to potential […]