Validus' AlphaCat insurance-linked securities management unit contributed more than half of the group's $120.8mn of fourth quarter losses.
The Bermuda-based (re)insurer, which last month agreed to a $5.56bn
Validus' AlphaCat insurance-linked securities management unit contributed more than half of the group's $120.8mn of fourth quarter losses.
The Bermuda-based (re)insurer, which last month agreed to a $5.56bn