AlphaCat 2015 Ltd

AlphaCat Managers Ltd., the third-party reinsurance capital and insurance-linked securities investment management unit of Validus Group, raised another $206.3m of capital in the second-quarter to take its total ILS assets under management to $2.51 billion.

Bermuda domiciled insurer and reinsurer Validus saw its share of income from AlphaCat Managers Ltd., its third-party capital manager, increase during the first-quarter of 2016 to $8.7 million, helping the firm grow its gross written premiums in the period.

The value proposition of an ILS and third-party reinsurance capital manager operated from within a global insurance and reinsurance group, such as seen with AlphaCat as part of Validus, is attracting investors to change their ILS manager, according to CEO of Validus Ed Noonan.

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 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.

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.

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.

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.

Bermuda-based insurance, reinsurance and third-party capital management specialist Validus is using the lower-cost of ILS capital managed at its AlphaCat unit to maintain underwriting of risks which are no longer priced at levels suitable for its own balance-sheet.

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.