Investor Conference 2012

RNS Number : 8067M
CATCo Reinsurance Opps Fund Ltd
21 September 2012
 



 

 

CATCo Reinsurance Opportunities Fund Ltd. (the "Company")

 

2012 Investor Conference

 

 

To: SFM, London Stock Exchange and Bermuda Stock Exchange

Date: 21 September 2012

 

 

The Board announces that the inaugural CATCo Reinsurance Opportunities Fund Ltd. Investor Conference will be held today with the objective of providing an update on current activity within the Company and also to provide additional background information about the reinsurance sector and what the key drivers are affecting retrocessional demand and pricing. 

Anthony Taylor, Chairman, CATCo Reinsurance Opportunities Fund Ltd., commented:

"Following 2011 being one of the worst years of all time for the insurance industry the fund currently expects to deliver a net return in excess of 20% in the current year, subject to no losses during 2012.

"Looking forward we believe the fund will maintain its well diversified portfolio of risk at current levels with the expectation for similar or even slightly better returns in 2013."

Copies of key slides from today's Investor presentations will be available at www.catcoim.com

 

 

For further information, please contact:

 

Jason Bibb, Director / Michael Toyer, Head of Investment Operations

CATCo Investment Management Ltd

Telephone: +1 441 531 2227

Email: jason.bibb@catcoim.com

Email: michael.toyer@catcoim.com

 

David Benda / Hugh Jonathan

Numis Securities Limited

Telephone: +44 (0) 20 7260 1000

 

John Whiley / Matthew Charleson

Prime Management Ltd

Tel: +1 (441) 295 0329

 

 

 

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