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Validus Holdings, Ltd. Announces $3.4 Billion of AlphaCat Assets under Management at January 1, 2018

10 Jan 2018

PEMBROKE, Bermuda--(BUSINESS WIRE)--Jan. 10, 2018-- Validus Holdings, Ltd. (“Validus” or the “Company”) (NYSE: VR) announced today that assets under management (“AUM”) at AlphaCat Managers, Ltd. (“AlphaCat”) were $3.4 billion as of January 1, 2018. This $3.4 billion figure reflects net third party inflows of $714.2 million at January 1, 2018, resulting in total third party assets under management of $3.2 billion.

Lixin Zeng, the Global Head of Asset Management and Chief Executive Officer of AlphaCat commented: "We appreciate the ongoing support of AlphaCat’s investors despite a challenging year for the reinsurance markets in 2017. Their long-term commitment to investing in reinsurance through the ILS sector has fueled the growth of AlphaCat and allowed us to develop a strategy which expands the breadth of solutions offered to the Validus Group’s reinsurance customers."

About Validus Holdings, Ltd.

Validus Holdings, Ltd. is a leading global provider of reinsurance, insurance, and asset management services, delivering its premier solutions through four diversified yet complementary operating companies: Validus Reinsurance, Ltd., a global reinsurance group focused primarily on treaty reinsurance; Talbot Underwriting Ltd., a specialty (re)insurance group operating within the Lloyd’s market through Syndicate 1183; Western World Insurance Group, Inc., a U.S. specialty lines organization; and AlphaCat Managers, Ltd., a Bermuda-based investment advisor managing capital for third parties and Validus through insurance-linked securities and other property catastrophe and specialty reinsurance investments.

Research and analytics are at the core of Validus’ operations and provide its team of expert practitioners with the knowledge and insight required to effectively model and interpret risk – an approach that consistently benefits clients and ensures their needs are met. Validus maintains a worldwide presence with more than 1,000 employees in 19 offices across all major regions and is listed on the New York Stock Exchange under the ticker symbol VR.

More information about the Validus group of companies can be found at validusholdings.com.


Source: Validus Holdings, Ltd.

Validus Holdings, Ltd. or AlphaCat Managers, Ltd.
Brunswick Group
Charlotte Connerton / Mustafa Riffat