AlphaCat

AlphaCat Managers, the insurance-linked securities and collateralised reinsurance investment management entity of insurance giant American International Group (AIG), has secured a high-profile new hire in Adam Szakmary, who will join AlphaCat as Chief Underwriting Officer (CUO).

American International Group, Inc., the global insurance and reinsurance giant, has officially named Paschal Brooks as the new CEO of its insurance-linked securities (ILS) investments unit, AlphaCat Capital Inc.

Insurance giant American International Group, Inc. (AIG) has consolidated its assumed reinsurance business operations under a new combined entity named AIG Re and has hired Christopher Schaper to lead it, including the ILS fund operations of AlphaCat Managers.

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.

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.

AlphaCat, the third-party reinsurance capital and insurance-linked securities funds unit of Bermuda domiciled insurance, reinsurance and alternative capital manager Validus Holdings, continues to make a positive contribution to the firm.

Ed Noonan, CEO of Bermuda domiciled insurance, reinsurance and third-party reinsurance capital management group Validus Holdings, believes that there is some evidence of discipline waning among ILS managers operating in Florida.

AlphaCat Managers Ltd., the third-party reinsurance capital management and insurance-linked securities (ILS) unit of Bermuda insurance, reinsurance and alternative capital group Validus Holdings, has appointed a new CFO.

Bermuda domiciled insurance, reinsurance and alternative capital management group Validus Holdings has seen reinsurance-linked assets under management at its AlphaCat third-party capital management and ILS unit increase to $1.6 billion by the end of 2013.

With full-year 2013 results now in we can see the growing contribution that third-party capital and insurance-linked securities (ILS) is making to Bermuda domiciled insurance, reinsurance and alternative capital management group Validus Holdings.