September 25, 2017 12:01 PM ET

Insurance

Company Overview of Validus Reinsurance, Ltd.

Company Overview

Validus Reinsurance, Ltd. provides property catastrophe, per risk, marine and energy, retrocession, and specialty short-tail lines of reinsurance. It also provides property pro rata, aviation and satellite, war risk, terrorism, and workers' compensation catastrophe. The company was founded in 2005 and is based in Hamilton, Bermuda. Validus Reinsurance, Ltd. operates as a subsidiary of Validus Holdings, Ltd.

29 Richmond Road

Pembroke

Hamilton,  HM 08

Bermuda

Founded in 2005

Phone:

441-278-9000

Fax:

441-278-9090

Key Executives for Validus Reinsurance, Ltd.

Chief Executive Officer
Age: 43
Executive Vice President and General Counsel
Age: 57
Chief Risk Officer
Age: 57
Head of Asia-Pacific Office
Age: 55
Chief Underwriting Officer
Compensation as of Fiscal Year 2017.

Validus Reinsurance, Ltd. Key Developments

Validus Reinsurance, Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2017

Validus Reinsurance, Ltd. reported earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported gross premiums written of $296.997 million compared to $285.810 million for the same period a year ago. Net premiums earned were $240.607 million compared to $247.122 million for the same period a year ago. Underwriting income was $66.885 million compared to $51.922 million for the same period a year ago. Total underwriting Revenue was $240,665,000 against $247,272,000 a year ago. For the six months, the company reported gross premiums written of $917.519 million compared to $977.478 million for the same period a year ago. Net premiums earned were $459.019 million compared to $490.788 million for the same period a year ago. Underwriting income was $138.656 million compared to $150.231 million for the same period a year ago. Total underwriting Revenue was $459,155,000 against $490,788,000 a year ago.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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