AlphaCat

Ed Noonan, the CEO of Bermuda domiciled insurance, reinsurance and third-party reinsurance capital management group Validus Holdings, spoke at some length about the insurance-linked securities (ILS) market and alternative reinsurance capital during the firms recent earnings call.

The AlphaCat third-party reinsurance capital management unit of Bermuda domiciled insurance and reinsurance group Validus Holdings grew investor contributions slightly during the third-quarter bringing its AlphaCat third-party assets under management to just shy of a billion at $995m.

The contribution made to Bermuda domiciled insurance, reinsurance and third-party reinsurance capital management group Validus Holdings, by its AlphaCat third-party capital management segment has increased dramatically over the first nine-months of 2013.

AlphaCat Managers, the third-party reinsurance capital management and insurance-linked securities segment of Bermudian insurance and reinsurance group Validus Holdings, has hired an ILS and third-party capital analyst from Hiscox.

Chief Executive Officer of Bermuda located insurance, reinsurance and third-party reinsurance capital management group Validus Holdings, Ed Noonan, said on the firms recent earnings call that its AlphaCat ILS management segment turned down money from investors in Q2, as did the ‘smarter managers in the space’.

Bermuda domiciled insurance, reinsurance and third-party reinsurance capital management group Validus Holdings announced its results for the second-quarter of 2013 last week. The firms AlphaCat third-party capital management segment increased its share of income created during the quarter, but investment losses from joint-venture PaCRe Ltd. weigh on the results.

Bermuda headquartered reinsurance and third-party reinsurance capital management group Validus Holdings has revealed its initial estimate of the negative financial impact from losses created by the recent severe flooding in central Europe and Germany. It transpires that the floods have caused Validus a small loss within its AlphaCat ILS and collateralized reinsurance division.

Bermuda headquartered insurance, reinsurance, insurance-linked securities and third-party reinsurance capital management group Validus Holdings recently announced its first-quarter earnings and announced the net income contribution from its AlphaCat ILS operations as $17.4m for the quarter. On its earnings call third-party capital was discussed by the groups CEO Ed Noonan, who said he felt that with […]

Bermuda located insurance, reinsurance and third-party reinsurance capital management group Validus Holdings announced its first-quarter 2013 results yesterday. As one of the largest re/insurers which has a capital markets division and has been actively managing third-party capital for some time, it is always interesting to see how the segments of its business which touch on […]

Validus Holdings Ltd. are the second Bermuda based reinsurance group to announce the launch of a new sidecar vehicle for the 2012 hurricane season, see our earlier article on RenaissanceRe’s launch of Timicuan Re III here. Validus have announced the formation and launch of the latest in their AlphaCat sidecar series, AlphaCat Re 2012 Ltd. […]