Paulson & Co

Bermuda based reinsurance group Validus Holdings which has a number of sidecar and ventures, has announced its second quarter results and revealed mixed success in their sidecar segment. Validus launched a Bermuda Class 4 reinsurer PαCRe, Ltd. in a joint-venture with John Paulson and his Paulson & Co. hedge fund in April and in June […]

Bermuda based Validus Holdings has joined forces with U.S. hedge fund manager John Paulson and his Paulson & Co. hedge fund to launch a new Bermudian Class 4 reinsurer called PαCRe, Ltd. PαCRe, Ltd. will have an initial capitalisation of $500m to write reinsurance and launches in time for the 1st June mid-year renewals. PαCRe, […]