Validus, a global provider of insurance, reinsurance, and asset management services, has announced that as of January 01, its fully-owned subsidiary AlphaCat Managers has $3.4 billion of assets under management (AUM).

In a statement, the group said the $3.4 billion figure reflects net third-party inflows of $714.2 million at January 01, 2018, resulting in total third-party AUM of $3.2 billion.

“We appreciate the ongoing support of AlphaCat’s investors despite a challenging year for the reinsurance markets in 2017,” said Lixin Zeng, global head of asset management and CEO of AlphaCat. “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.”


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