AIG’s AlphaCat returns to profit, turning $4mn investment income for parent
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AIG’s AlphaCat returns to profit, turning $4mn investment income for parent

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AlphaCat third-party assets under management were $3.6bn at the end of Q1, up $100mn from the previous quarter’s $3.5bn, but slightly below the year-on-year total of $3.8bn.

However, it is possible that the reported figures do not capture the impact of capital that, as Trading Risk previously reported, is being held as trapped capital or pending redemptions.

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