Reinsurance fund raises $543m of equity in wake of hurricanes

Sam Kerr

November 29, 2017 04:45 PM

PA-Hurricane Harvey Texas — Oct 17, 2017; Rockport, TX, USA; Debris from Hurricane Harvey along the street on Copano Ridge Road in Rockport Texas's Copano Ridge on Tuesday, Oct. 17 2017. Mandatory Credit: Courtney Sacco/Caller-Times via USA TODAY NETWORK | USA TODAY Network/SIPA USA/PA Images

Markel CatCo Reinsurance Opportunities Fund has raised $543m of equity capital to expand its offering, after a busy Atlantic hurricane season has increased demand for insurance-linked securities (ILS) products.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login

✔ 4,000 annual insights
✔ 700+ notes and long-form analyses
✔ European securitization issuance database
✔ Daily newsletters across markets and asset classes
✔ 1 weekly securitization podcast

Topics

Equity UK Americas EMEA Caribbean Securitization ABS Europe LatAm Bonds Emerging Markets North America SRI LatAm

SK

Sam Kerr