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Benefit Allocation Systems is a King Of Prussia, PA-based company in the Financial Services sector.
NLC Mutual Insurance Company (NLC Mutual) is a member-owned captive reinsurance company that was founded in 1986 by six state municipal league sponsored risk pools with the assistance of the National League of Cities (NLC). NLC Mutual acts as a “pool of pools,” bringing together 28 league sponsored risk pools, which provide insurance coverage for thousands of cities, towns and villages in the United States. NLC Mutual provides reinsurance coverage to its members for liability, property and workers` compensation.
R. J. Burnside is a Orangeville, ON-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.