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Progressive Casualty Insurance Company is a Cleveland, OH-based company in the Financial Services sector.
Otis-Magie Insurance Inc Agency is a Hibbing, MN-based company in the Financial Services sector.
Combined Group is a Dallas, TX-based company in the Financial Services sector.
Bell Robinson Financial is a Martinsburg, WV-based company in the Financial Services sector.
AlphaCat Managers Ltd., formed in 2008, is a core element of the Validus Group`s strategic initiative to expand into capital market activities by participating in the market for Insurance Linked Securities (ILS). ILS are financial instruments whose fundamental value is determined by insurance losses caused by natural catastrophes such as major earthquakes and hurricanes. As the returns of ILS are primarily driven by natural catastrophes, when carefully structured, they are generally uncorrelated with the overall financial market, making ILS an attractive asset class for capital market investors.