Tag: Validus Holdings Ltd

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

Validus Q3 2014 Net Income: $39.7 Million

Validus Q3 2014 Net Income: $39.7 Million

Bermuda-based Validus Holdings, Ltd. reported net income available to Validus of $39.7 million, or $0.41 per diluted common share, for the three months ended September 30, 2014, compared to $183.4 million, or $1.77 per diluted common share, for the three months ended September 30, 2013. Net income available to Validus was $355.4 million, or $3.70 per... Read more of this article

Validus Completes Western World Acquisition

Validus Completes Western World Acquisition

Bermuda-based Validus Holdings, Ltd. completed its acquisition of Western World Insurance Group, Inc. Western World, through its subsidiaries, is a specialty lines insurance company with a 50 year track record of profitability and is a pioneer in the binding authority business model. Ed Noonan, Validus’ Chairman and Chief Executive Officer, stated,... Read more of this article

Robinson, Wright, Hollis Awarded Scholarships

Robinson, Wright, Hollis Awarded Scholarships

Validus Holdings, Ltd., in partnership with the Association of Bermuda International Companies [ABIC], the Bermuda Foundation for Insurance Studies [BFIS] and Knowledge Quest, is sponsoring three scholarships aimed at developing Bermuda’s future professionals, and is thrilled to announce this year’s recipients. Carmela Robinson is the recipient... Read more of this article

Validus & Bascome To Hold Football Camp

Validus & Bascome To Hold Football Camp

Validus Holdings and Bascome Enterprise have revealed the Validus Power of One football camp, set to be held from August 18 through August 22 at Somersfield Academy. Players from 10 to 15 years of age will participate in the camp, which combines football development with business learning, civic engagement, social skills and education. A spokesperson... Read more of this article

Validus Declare $0.30 Quarterly Dividend

Validus Declare $0.30 Quarterly Dividend

Bermuda-based Validus Holdings, Ltd. announced today 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 September 30, 2014 to shareholders and warrant holders of record on September 15, 2014. Related... Read more of this article

Validus: Q2 2014 Net Income Of $153.4 Million

Validus: Q2 2014 Net Income Of $153.4 Million

Bermuda-based Validus Holdings, Ltd. today reported net income available to Validus of $153.4 million, or $1.61 per diluted common share, for the three months ended June 30, 2014, compared to $30.7 million, or $0.28 per diluted common share, for the three months ended June 30, 2013. Net income available to Validus was $315.8 million, or $3.27 per diluted... Read more of this article

Validus To Sponsor Volunteer Trip To Bolivia

Validus To Sponsor Volunteer Trip To Bolivia

Validus Holdings Ltd has revealed that it will be donating $20,000 and sponsoring three volunteers from the Beyond Rugby Bermuda program to participate in Bermuda Overseas Mission’s [BOM] volunteer trip to Cochabamba, Bolivia to build houses in partnership with Habitat for Humanity. This is the third year that Validus has sponsored BOM’s annual... Read more of this article

A.M. Best: Western World Ratings Unchanged

A.M. Best: Western World Ratings Unchanged

A.M. Best has commented that the ratings of the pooled insurance members of Western World Insurance Group are unchanged following its recent announcement that it has reached a definitive agreement to be acquired by Bermuda-based Validus Holdings, Ltd.  for $690 million in cash. The transaction is anticipated to close in the late third quarter or early... Read more of this article

A.M. Best: Validus Ratings Remain Unchanged

A.M. Best: Validus Ratings Remain Unchanged

A.M. Best has commented that the ratings of Bermuda-based Validus Holdings, Ltd. and its operating subsidiaries remain unchanged following Validus’ recent announcement that it has signed a definitive agreement to acquire Western World Insurance Group, Inc. for $690 million in cash. The ratings agency said, “Validus has a solid track record of... Read more of this article


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