AlphaCat Managers reported an $11.9mn underwriting profit for the third quarter, down from $27.6mn for the same period last year, due partly to the fact that the reinsurer did not renew its Florida sidecar.
AlphaCat Managers reported an $11.9mn underwriting profit for the third quarter, down from $27.6mn for the same period last year, due partly to the fact that the reinsurer did not renew its Florida sidecar.