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Bermuda reinsurer Validus Holdings Ltd will pay its shareholders a $2 per share special dividend at the end of this month. The company’s board of directors also decided to raise Validus’ regular quarterly dividend by 20 percent to 30 cents per share....

Ratings firm AM Best has affirmed the financial strength rating of A (Excellent) and issuer credit rating (ICR) of “a” of Bermuda-based Validus Re. Additionally, AM Best has affirmed the ICR of “bbb” and debt ratings of the Bermuda-based parent comp...

Bermuda reinsurer Validus Holdings last night announced a 2012 profit of $408.4 million but a fourth-quarter loss of $90.7 million with the impact of Hurricane Sandy. Validus said the $361 million impact of Sandy was consistent with its initial estim...

Talbot Underwriting Ltd, a subsidiary of Bermuda-based Validus, has announced the appointment of Thomas Schild as vice-president, political risk underwriter of Talbot Underwriting Services (US) Ltd. Mr Schild has more than 18 years of international e...

Validus Holdings says it will become a bigger and stronger company in Bermuda as a result of its acquisition of Flagstone Re, which is now officially complete. According to a source, Bermuda-based Validus’s acquisition of Flagstone Re resulted in the...