AlphaCat’s assets under management dip $400mn in Q1 to $3.8bn
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AlphaCat’s assets under management dip $400mn in Q1 to $3.8bn

Fiona Robertson
07 May 2021
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AIG-owned AlphaCat reported a $400mn drop in assets under management (AuM) during the first quarter, from $4.2bn at year end to $3.8bn.

AlphaCat investments and fees: The insurer made a $13mn investment loss from its $100mn funds invested with the ILS manager, after earning $2mn of investment income from the firm a year earlier.

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