AlphaCat contributed $6.6mn to Validus Group's first quarter earnings, down from $15.7mn a year ago, reflecting lower management fees, higher financing expenses and its lower capital investment in AlphaCat-managed entities.
AlphaCat contributed $6.6mn to Validus Group's first quarter earnings, down from $15.7mn a year ago, reflecting lower management fees, higher financing expenses and its lower capital investment in AlphaCat-managed entities.