MarkelがCATCo Investment Management Ltd.の資産買収を完了

AsiaNet 62798 （1595）

【リッチモンド（米バージニア州）、ロンドン、ハミルトン（バミューダ）2015年12月9日PR Newswire＝共同通信JBN】Markel Corporation（Markel、NYSE: MKL）とCATCo Investment Management Ltd.（CATCo）は9日、MarkelがCATCoの実質的全資産の買収を完了したと共同発表した。

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世界の再保険加入35社に担保保護を提供するこの事業は今後、Markel CATCo Investment Management Ltd. （Markel CATCo）として運営される。トニー・ベライル最高経営責任者（CEO）が率いるCATCoチームの全員はMarkel CATCoに移籍した。

Markelのリチャード・R・ホイット社長兼共同最高執行責任者（COO）は「トニーとCATCoチームをMarkelファミリーに歓迎する。従来のCATCo再保険加入者および投資家を新設のMarkelプラットフォームに受け入れることは、極めて有益である。われわれは直ちに全力で取り組むつもりだ。Markelの従来型の再保険能力にCATCoの保険リンク投資管理能力が加われば、強力な組み合わせになる」と語った。

Markel CATCo Investment Management Ltd.のトニー・ベライルCEOは「順調に買収契約が署名され、同じような目標と文化を共有する優良企業2社がひとつになったことを喜びたい。新オーナーがもたらす特別支援により、われわれは増大しつつある再保険加入者に強化された製品構成と確実な資本効率を提供できる。極めて多くの契約更新がすでに表明され、運用資産額（AUM）が30億ドルを超えると見込まれる2016年は、有益かつ刺激的な年になろうとしている」と語った。

CATCoに対してはWillis Capital Markets & Advisoryが独占的な金融顧問として働き、Hogan Lovells International LLPが法律顧問を務めた。Markel側ではSidley Austin LLPが法律顧問を務めた。

▽Markel Corporationについて

Markel Corporationは多角経営の金融持ち株会社で、さまざまなニッチ市場で事業展開している。同社の主要な事業は、専門保険商品の販売とその引き受けである。それぞれの事業分野で、同社は高品質な製品および優れた顧客サービスを提供し、市場リーダーになることを目指している。同社の財務上の目標は、継続的な証券の引き受けおよび営業利益と高い投資収益によって株主価値を上げることにある。Markel Corporationについての詳しい情報はウェブサイトwww.markelcorp.com を参照。

▽Markel CATCo Investment Management Ltd.について

Markel CATCo Investment Management Ltd.は専門家による投資運用管理会社である。Markel CATCoはバミューダのハミルトンに本拠を置き、世界の顧客に対して再々保険および伝統的な再保険のポートフォリオを管理しているが、その中には金融機関、慈善団体、年金基金、資産家の資産管理組織、投資ファンドなどが含まれる。Markel CATCo Investment Management Ltd.はバミューダ金融庁による認可および規制を受けている。

ソース：Markel Corporation

▽問い合わせ先

メディア

Markel Corporation

Paul Broughton, Managing Director, Marketing

+1-804-527-7618

pbroughton@markelcorp.com

投資家

Markel Corporation

Bruce Kay, Managing Director, Investor Relations

+1-804-747-0136

bkay@markelcorp.com

メディア

CATCo Investment Management Ltd.

Mark Way, Investor Relations Director

+44 7786 116 991

mark.way@catcoim.com

投資家

CATCo Investment Management Ltd.

Tony Belisle, Chief Executive Officer

508-259-1640

tony.belisle@markelcatco.com

Markel completes acquisition of assets of CATCo Investment Management Ltd.

PR62798

RICHMOND, Va., LONDON and HAMILTON, Bermuda, Dec. 9, 2015 /PRNewswire=KYODO JBN/ --

Markel Corporation ("Markel") (NYSE: MKL) and CATCo Investment Management Ltd.

("CATCo") jointly announced today the completion of the acquisition by Markel

of substantially all of the assets of CATCo.

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The business, which provides collateralized protections to over 35 global

reinsurance buyers, will now operate as Markel CATCo Investment Management Ltd.

("Markel CATCo"). Every member of the CATCo team, led by Chief Executive

Officer Tony Belisle, has transferred to Markel CATCo.

Richard R. Whitt, President and Co-Chief Operating Officer of Markel,

commented, "We welcome Tony and the CATCo team into the Markel family. The

reception by existing CATCo reinsurance buyers and investors to the newly

established Markel platform has been overwhelmingly positive. We truly will be

hitting the ground running."  Whitt further remarked, "Joining CATCo's

insurance linked investment management capabilities alongside Markel's

traditional reinsurance capabilities should make for a powerful combination."

Tony Belisle, Chief Executive Officer of Markel CATCo Investment Management

Ltd., said, "I am delighted with the successful closure of the transaction and

the bringing together of two fantastic organisations that share similar goals

and cultures.

"The extra support our new owner brings will enable us to offer enhanced

product ranges and secure capital efficiencies for our growing number of

reinsurance buyers. With a significant amount of next year's renewals already

committed and projected AUM expected to exceed $3bn, 2016 is shaping up to be a

positive and exciting year."

Willis Capital Markets & Advisory served as exclusive financial advisor and

Hogan Lovells International LLP served as legal advisor to CATCo. Sidley Austin

LLP served as legal advisor to Markel.

About Markel Corporation

Markel Corporation is a diverse financial holding company serving a variety of

niche markets. The Company's principal business markets and underwrites

specialty insurance products. In each of the Company's businesses, it seeks to

provide quality products and excellent customer service so that it can be a

market leader. The financial goals of the Company are to earn consistent

underwriting and operating profits and superior investment returns to build

shareholder value. Visit Markel Corporation on the web at

http://www.markelcorp.com.

About Markel CATCo Investment Management Ltd.

Markel CATCo Investment Management Ltd. is a specialist investment management

business. From its headquarters in Hamilton, Bermuda, Markel CATCo manages

retrocession and traditional reinsurance portfolios for clients around the

world, including financial institutions, charities, pension funds, family

offices and investment funds. Markel CATCo Investment Management Ltd. is

authorized and regulated by the Bermuda Monetary Authority.

Disclaimer

Some of the statements in this release may be considered forward-looking

statements as defined in the Private Securities Litigation Reform Act of 1995.

Statements that are not historical facts, including statements about Markel's

and Markel CATCo's beliefs, plans or expectations, are forward-looking

statements. These statements are based on Markel's and Markel CATCo's current

plans, estimates and expectations. There are risks and uncertainties that could

cause actual results to differ materially from those expressed in or suggested

by such statements. Neither Markel nor Markel CATCo assumes any obligation to

update this release (including any forward-looking statements herein) as a

result of new information, developments or otherwise. This release speaks only

as of the date issued.

SOURCE: Markel Corporation

CONTACT: Markel Corporation, Media, Paul Broughton, Managing Director,

Marketing, +1-804-527-7618, pbroughton@markelcorp.com; Markel Corporation,

Investors, Bruce Kay, Managing Director, Investor Relations, +1-804-747-0136,

bkay@markelcorp.com; Markel CATCo Investment Management Ltd., Media, Mark Way,

Investor Relations Director, +44 7786 116 991, mark.way@markelcatco.com; Markel

CATCo Investment Management Ltd., Investors, Tony Belisle, Chief Executive

Officer, 508-259-1640, tony.belisle@markelcatco.com