Jun 01, 2017
AlphaCat Announces Appointment of Bernard Van der Stichele as Portfolio Manager
PEMBROKE, Bermuda--(BUSINESS WIRE)--Jun. 1, 2017--
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/
Source: Validus Holdings, Ltd.
Validus Holdings, Ltd. or AlphaCat Managers, Ltd.
Charlotte Connerton / Mustafa Riffat