Tag: #ValidusHoldingsLtd

Bermuda Validus National Swim Championships

Bermuda Validus National Swim Championships

The Bermuda Amateur Swimming Association [BASA] has announced that the Long Course National Championships, sponsored by Validus, will take place from May 28 through 31 at the National Sports Centre [NSC]. The championship meet has been sanctioned by FINA, the world governing body of aquatics, allowing results at the meet to be recognized for qualification... Read more of this article

Validus Ltd Declares $0.32 Quarterly Dividend

Validus Ltd Declares $0.32 Quarterly Dividend

Bermuda-based Validus Holdings, Ltd.  has declared a quarterly dividend of $0.32 per common share and $0.32 per common share equivalent for which each outstanding warrant is exercisable. The dividend is payable on June 30, 2015 to shareholders and warrant holders of record on June 15, 2015. Related StoriesValidus Announces Q1 Net Income... Read more of this article

Validus Announces Q1 Net Income Of $173.4M

Validus Announces Q1 Net Income Of $173.4M

Bermuda-based Validus Holdings, Ltd. reported net income available to Validus of $173.4 million, or $1.98 per diluted common share, for the three months ended March 31, 2015, compared to $162.4 million, or $1.66 per diluted common share, for the three months ended March 31, 2014. Net operating income available to Validus was $132.8 million, or $1.52... Read more of this article

Estwanik, Robinson & Maffit Promoted At Validus

Estwanik, Robinson & Maffit Promoted At Validus

Validus Reinsurance, Ltd. today [Apr 13] announced a number of underwriting promotions in its Bermuda office, strengthening the capabilities and breadth of its global reinsurance team.Chris Estwanik, currently Assistant Vice President, U.S. Property Underwriter, has been promoted to Vice President, U.S. Property UnderwriterMark Robinson, currently... Read more of this article

A.M. Best Affirms Validus Reinsurance Ratings

A.M. Best Affirms Validus Reinsurance Ratings

A.M. Best has affirmed the financial strength rating of A [Excellent] and the issuer credit rating [ICR] of “a” of Validus Reinsurance, Ltd. [Validus Re] [Bermuda] and Validus Reinsurance [Switzerland] Ltd. [VRS] [Zurich, Switzerland]. Additionally, A.M. Best has affirmed the ICR of “bbb” and debt ratings of the parent company, Validus Holdings,... Read more of this article

Validus Common Share Repurchase, Dividend

Validus Common Share Repurchase, Dividend

Validus Holdings, Ltd. has authorized a new common share repurchase program in the amount of $750 million and also increased its quarterly common share dividend to $0.32 from $0.30. Jeff Sangster, Validus’ Chief Financial Officer, said, “We remain committed to returning excess capital to shareholders as evidenced by this latest share repurchase... Read more of this article

Validus Reports $481.M Net Income For 2014

Validus Reports $481.M Net Income For 2014

Bermuda-based Validus Holdings, Ltd. today [Jan 29] reported net income available to Validus of $125.9 million, or $1.38 per diluted common share, for the three months ended December 31, 2014, compared to $95.3 million, or $0.93 per diluted common share, for the three months ended December 31, 2013. Net income available to Validus was $481.3 million,... Read more of this article

Validus Holdings Opens New Office In Boston

Validus Holdings Opens New Office In Boston

Bermuda-based Validus Holdings, Ltd. has opened a new office in Boston, Massachusetts. “The operation, Validus Underwriters, Inc., further strengthens the Company’s U.S. platform and joins Validus’ U.S. locations in Miami, New York, and Franklin Lakes, New Jersey, headquarters of recently acquired Western World Insurance Group, Inc.,”... Read more of this article

AlphaCat Managers Ltd. Secures $564 Million

AlphaCat Managers Ltd. Secures $564 Million

Bermuda-based Validus Holdings, Ltd. said that AlphaCat Managers, Ltd. has secured $564 million of new subscriptions and commitments for deployment during 2015. The newly raised capital consists of $409 million for the AlphaCat ILS Funds and $155 million for AlphaCat 2015, Ltd., a special purpose vehicle formed for the purpose of investing in collateralized... Read more of this article

Validus Declares $0.30 Quarterly Dividend

Validus Declares $0.30 Quarterly Dividend

Bermuda-based Validus Holdings, Ltd. announced that its Board of Directors has declared a quarterly dividend of $0.30 per common share and $0.30 per common share equivalent for which each outstanding warrant is exercisable. The dividend is payable on December 31, 2014 to shareholders and warrant holders of record on December 15, 2014. Related... Read more of this article

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