PGGM to withdraw from AlphaCat
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PGGM to withdraw from AlphaCat


PGGM is withdrawing its mandate from AlphaCat, after 18 months of high turnover for the AIG-owned ILS platform, sources told this publication.

The mandate is a sizeable one that had the ability to range from EUR500mn ($580mn) to EUR1bn, although it is believed to have been closer to the lower end of the range than the upper.

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