The AlphaCat sidecars contributed $12.1mn to Validus' second quarter profits while the Bermudian reinsurer took a $5mn quarterly loss from the new PaCRe start-up, according to its strong Q2 results.
The AlphaCat sidecars contributed $12.1mn to Validus' second quarter profits while the Bermudian reinsurer took a $5mn quarterly loss from the new PaCRe start-up, according to its strong Q2 results.