AlphaCat has almost $1 billion in assets under management and we feel as though we are just scratching the surface in this segment. AlphaCat contributed $11.8 million in operating income to the Group in the quarter.Our strategy is to be a leader in the global short-tail risk business and we’ve spent almost seven years building the size, market position and operating businesses to achieve this goal. It’s very gratifying to us to see all of our businesses generating excellent results and continuing to market leading franchises.
Validus' CEO Discusses Q2 2012 Results - Earnings Call Transcript
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