RenRe Completes $3.3 Billion Acquisition of Validus Re From AIG November 1, 2023 By L.S. Howard RenaissanceRe Holdings Ltd. announced it has concluded its acquisition of Validus Re, the treaty reinsurance business of American International Group....
AXA Weighs Offloading $2B Reinsurance Arm to Cut Exposure to Disasters: Sources July 12, 2023 By David French and Pablo Mayo Cerqueiro One of the world’s top insurers is mulling offloading its property reinsurance business in a bid to cut its exposure...
AIG to Sell Validus Re to RenRe in $3B Deal May 23, 2023 By Chad Hemenway American International Group (AIG) said late Monday it has entered into an agreement to sell Validus Re to RenaissanceRe Holdings...
Validus Reaseguros Appoints Beltran as Head of Treaty Reinsurance October 7, 2015 Validus Re, the reinsurance division of Bermuda-based Validus Holdings Ltd., has appointed Jorge Beltran as executive vice president, head of...
Validus Reports $173.4M Q1 Net Income, Up From $162.4M in Q1 2014 May 1, 2015 Bermuda-based Validus Holdings Ltd. reported net income available to Validus of $173.4 million, or $1.98 per diluted common share, for...
Validus Reaseguros Promotes Salamanca in Miami Office April 16, 2015 Validus Reaseguros, Inc. (VRI), a part of Validus Reinsurance, Ltd. focused on the Latin American and Caribbean markets, has promoted...
Validus Holdings Promotes 3 Underwriting Execs in Bermuda April 15, 2015 Validus Reinsurance, Ltd., a wholly owned subsidiary of Validus Holdings, Ltd. has announced a number of underwriting promotions in its...
Validus Holdings Reports Net Income of $481.3 Million for 2014 January 30, 2015 Bermuda-based Validus Holdings Ltd. reported net income available to Validus of $125.9 million, or $1.38 per diluted common share, for...
Ratings Recap: Validus Re, African Re, Arab Orient, Bosna Re, SOGAZ June 21, 2012 A.M. Best Co. has removed from under review with developing implications and affirmed the financial strength rating of ‘A-‘ (Excellent)...
Best Upgrades Validus Re’s Ratings; Outlook Revised to Stable February 6, 2012 A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating...