AlphaCat posts $100mn drop in Q4 AuM
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AlphaCat posts $100mn drop in Q4 AuM

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AlphaCat’s third-party assets under management (AuM) dropped $100mn in Q4 to $3.1bn, down 11% year on year, parent AIG reported.

Fee income: The ILS unit earned $5mn of fee income, down by $1mn year on year but consistent with the figures reported earlier in 2022, taking full-year fees to $20mn.

AIG

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