AlphaCat Announces Appointment of Bernard Van der Stichele as Portfolio Manager
June 01 2017 - 4:15PM
Business Wire
AlphaCat Managers Ltd. (“AlphaCat”), a wholly owned subsidiary
of Validus Holdings, Ltd. (“Validus”) today announced the
appointment of Bernard Van der Stichele to the position of
Portfolio Manager for AlphaCat. In this new role, Bernard will
report to Lixin Zeng, Chief Executive Officer of AlphaCat.
Bernard Van der Stichele brings over 15 year of institutional
investment management experience to AlphaCat. Previously, he served
as Vice President at AQR Capital Management. Prior to that, he was
a Senior Investment Analyst at Ontario Teachers’ Pension Plan,
where he developed its first direct ILS investment strategy.
Lixin Zeng, Chief Executive Officer of AlphaCat stated: “We are
delighted to welcome Bernard to the AlphaCat team. With his
impressive track-record and extensive knowledge of insurance-linked
securities and reinsurance asset classes, we are confident that he
will add tremendous value to AlphaCat.”
Bernard’s appointment is subject to Bermuda immigration
approval.
Separately, Chris Silvester, Validus Services’ Executive Vice
President and Head of U.S. Property Underwriting, will assume
primary responsibility for AlphaCat’s reinsurance business
origination, in addition to his role as head of Validus Services’
U.S. Property Team. Chris will continue to report to Validus
Services’ Executive Vice President and Chief Underwriting Officer
Jeff Clements. Jeff Clements stated: “As a proven business
development leader, we look forward to having Chris further
strengthen our offerings.”
About AlphaCat Managers Ltd.
AlphaCat Managers Ltd. (“AlphaCat”) is a Bermuda based
investment adviser managing capital for third parties and the Group
in insurance linked securities and other property catastrophe
reinsurance investments.
About Validus Holdings, Ltd.
Validus Holdings, Ltd. (“Validus”) is a holding company for
reinsurance and insurance operating companies and investment
advisors including Validus Reinsurance, Ltd. (“Validus Re”), Talbot
Underwriting Ltd. (“Talbot”), Western World Insurance Group, Inc.
(“Western World”) and AlphaCat Managers, Ltd. (“AlphaCat”).
Validus Re is a global reinsurance group focused primarily on
treaty reinsurance. Talbot is a specialty insurance group primarily
operating within the Lloyd's insurance market through Syndicate
1183. Western World is a U.S. specialty lines insurance group
focused on excess and surplus lines. AlphaCat is a Bermuda based
investment advisor managing capital for third parties and Validus
in insurance linked securities and other property catastrophe and
specialty reinsurance investments.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170601006486/en/
Investors:Validus Holdings, Ltd. or AlphaCat Managers,
Ltd.Investor.Relations@ValidusHoldings.comInvestor.Relations@acmanagers.com+1-441-278-9000orMedia:Brunswick
GroupCharlotte Connerton / Mustafa Riffat+1-212-333-3810
Validus Holdings, Ltd. (delisted) (NYSE:VR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Validus Holdings, Ltd. (delisted) (NYSE:VR)
Historical Stock Chart
From Apr 2023 to Apr 2024