AlphaCat Re 2011 Ltd.
The Artemis Collateralized Reinsurance Sidecar Directory provides information on fully-collateralized reinsurance sidecar vehicles established to enable third-party investors to share in the returns of insurance or reinsurance business.
Unsure what a reinsurance sidecar is? Read our explanation here: What is a reinsurance sidecar?
AlphaCat Re 2011 Ltd. sidecar snapshot
- Reinsurance sidecar: AlphaCat Re 2011 Ltd.
- Sponsor: AlphaCat Managers (Validus)
- Launched: June 2011
- Latest size: $180m (as at June 2011)
AlphaCat Re 2011 Ltd. sidecar details
In June 2011 Validus Holdings launched its first special purpose sidecar reinsurer, AlphaCat Re 2011 Ltd., with $180m of capital. $130m of the fully-collateralized reinsurance sidecar came from third-party investors, with Validus contributing the remaining $50m.
In 2012 Validus launched AlphaCat Re 2012 Ltd. with $70m of capital.
Go back to the Artemis Collateralized Reinsurance Sidecar Directory.