AlphaCat Appoints Bernard Van der Stichele

June 2, 2017

AlphaCat Managers Ltd., a wholly owned subsidiary of Validus Holdings, Ltd. 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.”

His 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.

He will continue to report to Validus Services’ Executive Vice President and Chief Underwriting Officer Jeff Clements. Jeff Clementsstated: “As a proven business development leader, we look forward to having Chris further strengthen our offerings.”

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