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AlphaCat increases third-party capital & ILS contribution to Validus

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. In its latest quarterly results Validus reports a big increase in net income for the quarter, reporting $153.4m for the second read the full article →

Validus’ AlphaCat grows assets under management to $1.6 billion

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. The total assets under management reached $1.6 billion at the end of 2013, according to Validus read the full article →

AlphaCat’s third-party capital contribution to Validus grew in 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. Validus' third-party reinsurance capital management, AlphaCat, has been steadily growing the contribution it makes to its parents bottom-line read the full article →

AlphaCat third-party capital unit continues to grow contribution at Validus

The contribution made to Bermuda domiciled insurance, reinsurance and third-party reinsurance capital management group Validus Holdings, by its AlphaCat third-party capital management segment has increased dramatically over the first nine-months of 2013. Validus has steadily built out its AlphaCat Managers unit in recent years and raised $219.4m of third-party capital as read the full article →

AlphaCat increases contribution at Validus, PaCRe investment losses weigh

Bermuda domiciled insurance, reinsurance and third-party reinsurance capital management group Validus Holdings announced its results for the second-quarter of 2013 last week. The firms AlphaCat third-party capital management segment increased its share of income created during the quarter, but investment losses from joint-venture PaCRe Ltd. weigh on the results. In Q1 read the full article →

Validus’ AlphaCat ILS operations account for 8% of Q1 income

Bermuda located insurance, reinsurance and third-party reinsurance capital management group Validus Holdings announced its first-quarter 2013 results yesterday. As one of the largest re/insurers which has a capital markets division and has been actively managing third-party capital for some time, it is always interesting to see how the segments of read the full article →

Validus expect ILS and third-party capital to play a growing role in reinsurance

Bermuda based insurance and reinsurance group Validus Holdings announced 2012 full year net income of $408.4m and a fourth-quarter 2012 net loss of $90.7m last Thursday. The group held an earnings call and some interesting comments on the growing third-party and institutional capital management side of its business were discussed. read the full article →

Validus raises $404.4m for new AlphaCat2013 sidecar and insurance-linked securities funds

Bermuda based insurance and reinsurance group Validus Holdings has announced the successful raising of $404.4m of capital, largely from third-party investor sources, by its investment and asset management subsidiary AlphaCat Managers Ltd. The third-party capital injection is to be put to be invested in collateralized reinsurance and insurance-linked securities (ILS) read the full article →

Investment losses at hedge fund backed reinsurers show correlation risk

Correlation is a word that often crops up in articles here on Artemis and within the financial services industry as a whole. Correlation can be better understood as an interdependence, mutual relationship or connection between two or more things. In the risk and reinsurance markets we cover, we use the read the full article →

Validus see’s mixed success with sidecars due to hedge fund investment strategies

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 read the full article →