Validus’ AlphaCat ‘firing on all cylinders’ but PaCRe falls to loss
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Validus’ AlphaCat ‘firing on all cylinders’ but PaCRe falls to loss

27 July 2012
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The AlphaCat division at Validus contributed $12.1mn to the Bermudian reinsurer's profits in the second quarter but the firm took a $5mn quarterly loss from the new PaCRe start-up, according to the insurer's Q2 results.

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