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Reinsurance group Validus Holdings faces a near-$64 million estimated bill for two natural disasters in China and Chile. The Chilean earthquake last month and the massive explosion in China’s Tianjin in August has cost the company’s Validus Re and Ta...

Validus Holdings Ltd took a $48 million hit from claims related to an oil rig explosion that left four people dead, the Bermuda reinsurer revealed last night. The platform, which was owned by Mexican state-run oil company Pemex, burst into flames in ...

Validus Reinsurance Ltd has won a second court battle with US tax authorities that could have wider significance for fellow Bermuda reinsurers. The US Court of Appeals, District of Columbia Circuit, handed down a summary judgment dismissing the appea...

Bermuda-based Validus Holdings Ltd is celebrating its tenth birthday this year in a markedly different reinsurance market from the one in which it was born. To mark a decade of strong growth, the company is holding a party for clients at Pier 6 on Fr...

Insurance and reinsurance firm Validus yesterday reported $173.4 million in profits for the first quarter of the year. That is equivalent to $1.98 per share, compared to $162.4 million, or $1.66 per share, for the first three months of 2014. Validus ...

Top runner Chris Estwanik has notched up another victory. For the marathon man has been promoted to from assistant vice-president, US property underwriter to vice-president at Validus Re. A spokesman for the firm said Mr Estwanik, who has been with t...

Bermuda re/insurer Validus Holdings Ltd plans to buy back shares worth more than one fifth of the company’s current market value. In a boost for shareholders of the Class of 2005 start-up, the company announced that its board of directors had authori...

Bermuda-based insurance and reinsurance firm Validus has reported profits of $481.3 million for last year — down from $532.7 million the year before. Validus chairman and CEO Ed Noonan said: “During 2014, Validus delivered an impressive 13.2 per cent...

Bermuda re/insurer Validus Holdings Ltd last night said it has opened a new office in Boston, Massachusetts. The operation, Validus Underwriters, Inc, will strengthen the company’s US platform, which already comprises offices in Miami, New York, and...

Bermuda re/insurer Validus Holdings Ltd has secured more than half a billion dollars for its third-party capital arm to deploy this year. The $564 million of new subscriptions and commitments for AlphaCat Managers Ltd consists of $409 million for the...