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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Catco Reinsurance Opportunities Fund Limited | LSE:CAT | London | Ordinary Share | BMG1961Q3242 | ORD USD0.00013716 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 25.00 | 14.00 | 36.00 | 25.00 | 25.00 | 25.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Unit Inv Tr, Closed-end Mgmt | 6.33M | 5.44M | 3.6440 | 6.86 | 37.33M |
TIDMCAT
RNS Number : 1421P
CATCo Reinsurance Opps Fund Ltd
16 February 2016
CATCo Reinsurance Opportunities Fund Ltd (the "Company").
Appointment of Chief Operating Officer at Markel CATCo Investment Management Ltd.
To: SFM, London Stock 16 February 2016 Exchange and Bermuda Stock Exchange
The Company announces the following executive change at its Manager, Markel CATCo Investment Management Ltd. (the "Manager" or "Markel CATCo").
Mark Way has been appointed Chief Operating Officer of Markel CATCo with immediate effect. Mark worked for CATCo Investment Management Ltd. ("CATCo") since its launch in 2011. CATCo was acquired by Markel Corporation in December 2015.
Located in Bermuda, Mark will have responsibility for the Markel CATCo day-to-day operations. He will report directly to Tony Belisle, Chief Executive Officer.
Mark has over 20 years of international financial markets experience. Before working for CATCo, Mark worked for the Madano Partnership in London where he was a Managing Partner. Prior to this Mark worked for the investment property company Lend Lease in Sydney, Australia.
Having successfully completed her role in managing the sale of CATCo Investment Management Ltd. to Markel Corporation, Ly Lam will continue working for Markel CATCo as a consultant.
Tony Belisle, Chief Executive Officer of Markel CATCo Investment Management Ltd., said:
"Having worked with CATCo since it was first formed, Mark has both a detailed understanding of how the Company operates and a keen appreciation that our clients must receive the highest levels of service at all times. He is the ideal person to maintain the high standards we set for ourselves.
"Mark has continued to assume more responsibility with respect to a number of facets of our business over the years including managing relationships with our clients and shareholders. Mark will be instrumental in ensuring a seamless transition both with respect to our new ownership and in his new role as Chief Operating Officer."
For further information:
Judith Wynne
Company Secretary and General Counsel
Markel CATCo Investment Management Ltd.
Telephone: +1 441 493 9005
Email: judith.wynne@markelcatco.com
Mark Way
Chief Operating Officer
Markel CATCo Investment Management Ltd.
Telephone: +1 441 493 9003
Email: mark.way@markelcatco.com
David Benda / Hugh Jonathan
Numis Securities Limited
Telephone: +44 (0) 20 7260 1000
- ends -
This information is provided by RNS
The company news service from the London Stock Exchange
END
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February 16, 2016 02:00 ET (07:00 GMT)
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