Validus Releases 2012 Loss Triangles
Bermuda-based Validus Holdings, Ltd. announced on Friday [Apr.12] that it has published its 2012 Loss Development Triangles on its website located validusholdings.com under the Investor Relations/Financial Results section.
The Triangles provide stakeholders with additional insight into the loss reserves held on Validus’ balance sheet as at December 31, 2012 and present accident year and underwriting year data for nine loss reserve groups plus three summary categories.
The 2012 Triangles provide additional information versus the 2011 Triangles, specifically: data for large losses and data for the acquired companies IPC Re Limited and Flagstone Reinsurance Holdings, SA.
Validus Holdings, Ltd. is a provider of reinsurance, insurance, and insurance linked securities management operating through three primary segments, Validus Reinsurance, Ltd., Talbot Holdings Ltd. and AlphaCat Managers, Ltd.
