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AlphaCat asset growth of $663m drives premium growth at Validus

Growth in assets under management of $630m at AlphaCat Managers Ltd., Bermuda based insurance and reinsurance group Validus’ ILS and third-party capital manager, helped to drive strong premium growth and increased the re/insurers share of AlphaCat net income in 2015.AlphaCat witnessed impressive growth in 2015, with a significant increase of read the full article →

AlphaCat ILS assets hit $2.4bn at Validus, up 71% in one year

AlphaCat Managers Ltd., Bermuda based insurance and reinsurance group Validus’ ILS and third-party capital manager, has grown its assets under management to $2.4 billion at 1st January 2016, representing over 71% growth year-on-year and strong fund-raising towards year-end.A year ago, at 1st January 2015, AlphaCat reported its ILS assets under read the full article →

AlphaCat hits $2.24bn, sidecar & ILS fund earnings grow for Validus

AlphaCat Managers Ltd., Bermuda headquartered insurance and reinsurance group Validus' ILS and third-party capital manager, added $163.8 million of third-party capital in Q3 2015, taking its total assets under management to just under $2.24 billion.The increasing scale of the AlphaCat insurance-linked securities (ILS) funds and sidecar vehicle are beginning to read the full article →

PaCRe ratings withdrawn by A.M. Best, on request from company

Insurance and reinsurance rating agency A.M. Best has withdrawn the ratings on the John Paulson and Validus backed joint venture investment-oriented (or hedge fund strategy) reinsurer PacRe Ltd., at the companies request.Back in January, A.M. Best has placed hedge fund strategy reinsurance firm PaCRe Ltd’s rating under review with negative read the full article →

AlphaCat hits $2.08bn of assets, increases gross written premiums

AlphaCat Managers Ltd., the ILS and third-party capital focused unit of Bermuda headquartered insurance and reinsurance group Validus, has passed the $2 billion mark for the first time, reporting $2.08 billion of assets under management.During the second-quarter the AlphaCat unit raised an additional $224m of capital, $213.9m of which was read the full article →

AlphaCat ups premiums written, as it puts increased capital to work

AlphaCat Managers Ltd., the ILS and third-party capital focused unit of insurance and reinsurance group Validus, increased its premiums written in the first-quarter as it put its increased capital to work having raised new funds for the start of 2015.AlphaCat reached $1.88 billion of capital under management at the read the full article →

AlphaCat assets hit $1.88B, but PaCRe investment losses weigh

Total assets under management at AlphaCat Managers Ltd., the ILS focused unit of reinsurance group Validus, have reached $1.88 billion according to the reinsurers results, but performance for the unit was hit by investment losses at hedge fund reinsurance joint-venture PaCRe Ltd.AlphaCat, the insurance-linked securities, catastrophe bond and reinsurance linked read the full article →

PaCRe under review, as investments hit hedge fund reinsurance

Rating agency A.M. Best has placed hedge fund strategy reinsurance firm PaCRe Ltd's rating under review with negative implications due to a shortfall in performance, compared to its business plan, caused by poor investment returns.PaCRe Ltd. is a joint venture between insurance, reinsurance and third-party reinsurance capital management group Validus read the full article →

AlphaCat again grows third-party reinsurance capital income to Validus

Yet again Bermuda domiciled insurance, reinsurance and alternative capital manager Validus Holdings shows that the focus on its AlphaCat third-party capital and insurance-linked securities funds unit is paying off as it writes more business and brings in more income.The AlphaCat unit manages a number of ILS funds and fully-collateralized reinsurance read the full article →

Investor interest in AlphaCat remains strong: Validus’ Sangster

Bermuda domiciled insurance, reinsurance and ILS capital firm Validus Holdings, continues to see strong demand from investors to access its range of third-party capital products under the AlphaCat brand, according to Validus CFO Jeff Sangster.Speaking during the re/insurers second-quarter earnings call recently Sangster said that the firm expects to see read the full article →