Bermuda-based Validus Holdings, Ltd. has opened a European reinsurance representative office located in Hamburg, Germany. The new office will represent Validus Reinsurance, Ltd. (Validus Re), the Group’s Bermuda-based reinsurance operating subsidiary, which focuses on short-tail classes of business, including property, marine, and other specialty.
The office will be headed by Maureen MacDonald, who has joined Validus Re as European Representative. She has approximately 20 years of insurance and reinsurance industry experience, most recently serving as Executive Director at Aon Re Germany.
Conan Ward, Chief Underwriting Officer of Validus Re, commented: “The addition of the Hamburg representative office demonstrates our continued commitment to exceptional customer service. The office will give us a local presence to better serve our growing European customer base as we continue to expand our presence in the region.”
Source: Validus Re – www.validusre.bm
Topics Europe Reinsurance
Was this article valuable?
Here are more articles you may enjoy.
DeSantis Plan to Cut Florida Property Taxes Heads to Ballot—With Schools Removed 
MMA Alleges Broker Patriot Poached 11 Surety Team Members 
D&O Market Expected to Tighten Under Pressure, Says AM Best 
USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency 
