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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...

For underwriters of event-driven risks, the odd rough quarter is an occupational hazard. But, as Bermuda-based Validus Holdings Ltd believes, underwriting a more volatile mix of business than many peers should lead to industry-beating returns. That h...

Validus Holdings Ltd’s third-quarter net income tumbled by three-quarters as the company was hit by more than $60 million in aviation, war and energy claims. The Bermuda-based insurer and reinsurer reported net income of $39.7 million for the July th...

Bermuda re/insurer Validus Holdings Ltd last night reported second-quarter profit of $153.4 million. The company’s net income surged fivefold from the second quarter of 2013 when significant catastrophe claims related to European floods impacted resu...

The acquisition of US insurer Western World Insurance Company represents a significant strategic development for Validus Holdings Ltd, as it provides the Bermuda re/insurer with a platform in the world’s largest insurance market. That is the view of ...

Bermuda re/insurer Validus Holdings Ltd has agreed to acquire US insurer Western World Insurance Group, Inc for $690 million in cash. Validus CEO Ed Noonan said last night that the combination with the Franklin, New Jersey-based Western World would r...

A US judge’s opinion in favour of Validus Re in a tax case could have positive implications for Bermuda reinsurers. Retrocession arrangements in respect to offshore entities providing coverage for US risks are not subject to tax, the US federal court...

There is an underwriting philosophy behind Validus Holdings’ ‘benign’ quarter for catastrophe losses. During the third quarter the Bermuda re/insurer did not incur any notable losses. That boosted third quarter underwriting profits by 16.5 percent to...