(:VR)

Jan 19, 2024 03:30 pm ET
Global X ETFs To Liquidate 19 ETFs
NEW YORK, Jan. 19, 2024 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded funds, today announced the scheduled liquidation of the following ETFs (the "Funds"), based on an ongoing review process of its product lineup to ensure it meets the evolving needs of its clients. The Funds scheduled for liquidation include:
May 25, 2023 05:31 pm ET
AM Best Places Credit Ratings of Validus Reinsurance, Ltd. and Subsidiary Under Review With Developing Implications; Comments on Credit Ratings of American International Group, Inc. and Its Other Prop
AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Validus Reinsurance, Ltd. (Validus Re) (Hamilton, Bermuda) and Validus Reinsurance (Switzerland) Ltd. (Zurich, Switzerland), a subsidiary of Validus Holdings, Ltd. (Validus) (Hamilton, Bermuda) [NYSE:VR].
Nov 05, 2018 04:36 pm ET
Validus Specialty Hires Corina Monaghan to Political Risk and Credit Team in New York
Validus Specialty Underwriting Services, Inc. (“Validus Specialty”) today announced the hire of Corina Monaghan to lead its U.S. Political Risk and Credit Insurance team, based in New York. Validus Specialty provides brokers and clients in the Americas with a one-stop shop to access Political Risk and Credit insurance capacity from the Lloyd’s market, offering commercial counterparty, sovereign and country risks across a wide variety of sectors, geographies and structured trade finance products.
Sep 13, 2018 09:55 am ET
Validus Specialty Expands Into Crisis Management
Validus Specialty Underwriting Services, Inc. (“Validus Specialty”) today announced the launch of its Crisis Management insurance solutions. The expansion leveraged Talbot Underwriting’s (Lloyd’s syndicate 1183) existing crisis management expertise and established a complementary offering focused on the U.S. Middle-Market. The new portfolio will comprise of two main classes of coverage: Product Contamination, including Product Recall, and Auto Component Recall.
Sep 10, 2018 03:08 pm ET
Validus Re Today Announced the Winners of its Validus Scholarship
Validus Re today announced the winners of its Validus Scholarship.
Aug 30, 2018 03:14 pm ET
Talbot Expands Accident & Health Team with Appointment in London
Talbot Underwriting Ltd (“Talbot”) today announced that Shawn Foreman has joined the global Accident & Health (A&H) team as Class Underwriter based in London.
Jul 02, 2018 07:35 am ET
Detailed Research: Economic Perspectives on Ollie's Bargain Outlet, Embraer, Ryder System, Validus, Dropbox, and ORBCOMM — What Drives Growth in Today's Competitive Landscape
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI), Embraer S.A....
Jun 28, 2018 08:30 am ET
Validus Specialty Announces Appointment of Bob Eells as Chief Operating Officer
Validus Specialty Underwriting Services, Inc. (“Validus Specialty”) today announced the appointment of Bob Eells as Senior Vice President and Chief Operating Officer of Validus Specialty, Western World and Crop Risk Services.
May 24, 2018 01:40 pm ET
Talbot Expands Construction Team with Appointment in Singapore
Talbot Underwriting Ltd (“Talbot”) today announced that Kevin Lee has joined their global Construction team as Construction Underwriter based in Singapore.
May 08, 2018 07:38 am ET
Validus Specialty and Business Risk Partners Offer New Admitted Management Liability Form
The Commercial Directors & Officers insurance team of Validus Specialty Underwriting Services, Inc. (“Validus Specialty”) today announced a partnership with Business Risk Partners (“BRP”), a leading producer, underwriter and administrator in the Professional & Management Liability space.
May 04, 2018 11:14 am ET
Validus Holdings, Ltd. Announces Quarterly Common Share Dividend and Quarterly Preferred Share Dividends
Validus Holdings, Ltd. (“Validus” or the “Company”) (NYSE: VR) announced today that its Board of Directors has declared a quarterly cash dividend of $0.38 per common share. The common share dividend is payable on May 30, 2018 to shareholders of record on May 15, 2018.
May 02, 2018 10:26 am ET
Talbot Expands Political Risk and Credit Teams, Announces Appointments in London and Singapore
Talbot Underwriting Ltd (“Talbot”) today announced appointments to their global Political Risk and Credit team.
May 01, 2018 04:16 pm ET
Validus Reports First Quarter 2018 Financial Results
Validus Holdings, Ltd. (“Validus” or the “Company”) (NYSE:VR) today reported a net (loss) attributable to Validus common shareholders of $(4.1) million, or $(0.05) per diluted common share, for the three months ended March 31, 2018, compared to net income available to Validus common shareholders of $94.6 million, or $1.17 per diluted common share, for the three months ended March 31, 2017.
Apr 18, 2018 09:48 am ET
Validus Holdings, Ltd. to Release First Quarter 2018 Financial Results on May 1, 2018
Validus Holdings, Ltd. (“Validus” or the “Company”) (NYSE:VR) announced today that it expects to release its financial results for the first quarter 2018 on Tuesday, May 1, 2018, after the close of trading on the New York Stock Exchange. Supplemental materials related to its first quarter earnings will be available via the Investors section of the Validus website at
Mar 29, 2018 08:30 am ET
Crop Risk Services Announces Precision Farming Service
Crop Risk Services (“CRS”) today announced a value-added service for clients that delivers precision farming capabilities bundled with its
Mar 27, 2018 12:09 pm ET
INVESTOR ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Validus Holdings, Ltd. and Encourages Shareholders to Contact the Firm for Additional Information
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Validus Holdings, Ltd. (NYSE: VR) (“Validus” or the “Company”) relating to the proposed buyout of Validus by American International Group, Inc.
Mar 22, 2018 04:56 pm ET
SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Validus Holdings, Ltd. and Encourages Investors to Contact the Firm for Additional Information
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Validus Holdings, Ltd. (NYSE: VR) (“Validus” or the “Company”) relating to the proposed buyout of Validus by American International Group, Inc.
Mar 22, 2018 10:19 am ET
URGENT: Monteverde & Associates PC Announces An Investigation Of Validus Holdings, Ltd. - VR
NEW YORK, March 22, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Validus Holdings, Ltd. ("Validus" or the "Company") (NYSE: VR) relating to the sale of the Company to American International Group, Inc. (NYSE: AIG) for $68.00 per share.
Mar 22, 2018 08:30 am ET
Validus Specialty partners with Eagle Ocean America, Announces new US Vessel Operator Cover
The Marine & Upstream Energy insurance team of Validus Specialty Underwriting Services, Inc. (“Validus Specialty”) today announced a partnership with Eagle Ocean America, a full-service insurance facility operated by Eagle Ocean Agencies.
Mar 08, 2018 08:49 am ET
Validus Specialty Expands Commercial Directors and Officers Product Portfolio and Team
Validus Specialty Underwriting Services, Inc. (“Validus Specialty”) today announced the expansion of its product portfolio with an admitted, private company Commercial Directors and Officers (D&O) policy. With broad coverage, the new form provides management liability protection for private company business leaders. The offering is fully customizable and can provide D&O, Employment Practices Liability, Fiduciary Liability, and Commercial Crime & Cyber Liability, on a combined or standalone basis.
Mar 05, 2018 04:16 pm ET
AlphaCat and Terra Brasis Announce ILS Transaction
AlphaCat Managers Ltd. (“AlphaCat”), a wholly owned subsidiary of Validus Holdings, Ltd. (“Validus”) and Terra Brasis Resseguros S.A. (“Terra Brasis Re”) today announced the successful completion of a $5 million private catastrophe bond transaction. The bond issue, named Alpha Terra Validus II, effectively renews the 2017 Terra Brasis Validus I transaction which represented a unique offering of Latin American reinsurance risk on an indemnity basis.
Mar 01, 2018 08:30 am ET
Validus Specialty Launches Package Policy for Fintech Companies
Validus Specialty Underwriting Services, Inc. (“Validus Specialty”) today announced a comprehensive package policy specifically designed for private U.S. Fintech companies.
Feb 28, 2018 05:50 pm ET
Validus Holdings, Ltd. Releases 2017 Loss Development Triangles
Validus Holdings, Ltd. (NYSE:VR) (“Validus”) today announced that it has published its 2017 Loss Development Triangles (the “2017 Triangles”) on its website located at www.validusholdings.com under the Investors - Financial Reports section.
Feb 21, 2018 04:05 pm ET
The Law Offices of Vincent Wong Reminds Investors of an Investigation of Validus Holdings, Ltd. in Connection with the Sale of the Company to American International Group, Inc.
The Law Offices of Vincent Wong are investigating the Board of Directors of Validus Holdings, Ltd. (NYSE:VR) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to American International Group, Inc. (NYSE:AIG). Under the terms of the deal, Validus shareholders will receive $68.00 for each Validus share they own.
Feb 07, 2018 04:30 pm ET
Validus Holdings, Ltd. Announces Quarterly Common Share Dividend and Quarterly Preferred Share Dividends
Validus Holdings, Ltd. (“Validus” or the “Company”) (NYSE:VR) announced today that its Board of Directors has declared a quarterly cash dividend of $0.38 per common share. The common share dividend is payable on March 29, 2018 to shareholders of record on March 15, 2018.
Feb 06, 2018 08:30 am ET
Validus Specialty Launches Standalone Cyber Insurance Product
The Cyber and Technology insurance group of Validus Specialty Underwriting Services, Inc. (“Validus Specialty”) further expanded its offering with a standalone cyber insurance product focused on privacy and network protection coverage. The solution will meet the cyber risk challenges faced by U.S. companies with revenue between $150M-$2.5B, and offer comprehensive cyber insurance protection with risk mitigation and remediation services.
Feb 01, 2018 04:16 pm ET
Validus Reports Fourth Quarter and Full Year 2017 Financial Results
Validus Holdings, Ltd. (“Validus” or the “Company”) (NYSE:VR) today reported a net (loss) attributable to Validus common shareholders of $(8.7) million, or $(0.11) per diluted common share, for the three months ended December 31, 2017, compared to net income available to Validus common shareholders of $7.8 million, or $0.10 per diluted common share, for the three months ended December 31, 2016. Net (loss) attributable to Validus common shareholders was $(63.5) million, or $(0.80) per diluted common share, for the year ended December 31, 2017,
Jan 30, 2018 02:51 pm ET
The Law Offices of Vincent Wong Notifies Investors of an Investigation of Validus Holdings, Ltd. in Connection with the Sale of the Company to American International Group, Inc.
The Law Offices of Vincent Wong are investigating the Board of Directors of Validus Holdings, Ltd. (NYSE:VR) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to American International Group, Inc. (NYSE: AIG). Under the terms of the deal, Validus shareholders will receive $68.00 for each Validus share they own.
Jan 29, 2018 10:43 am ET
Validus Holdings, Ltd. Cancels Fourth Quarter and Year End 2017 Financial Results Conference Call and Webcast
Validus Holdings, Ltd. (“Validus” or the “Company”) (NYSE:VR) announced today that, in light of its definitive agreement to be acquired by leading global insurer American International Group, Inc. (NYSE: AIG), the company is canceling its fourth quarter and year ended 2017 conference call and webcast that was previously scheduled for Friday, February 2, 2018 at 10:00 a.m. Eastern Time.
Jan 24, 2018 11:39 am ET
WeissLaw LLP Investigates Validus Holdings Ltd Acquisition
NEW YORK, Jan. 24, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Validus Holdings Ltd ("VR" or the "Company") (NYSE: VR) in connection with the proposed acquisition of the Company by American International Group ("AIG") (NYSE: AIG).  Under the terms of the acquisition agreement, the Company's shareholders will receive $68.00 for each VR share they own.
Jan 22, 2018 03:45 pm ET
A.M. Best Comments on Credit Ratings of American International Group, Inc. Following Announced Transaction
A.M. Best has commented that the Credit Ratings (ratings) of American International Group, Inc. (AIG) (headquartered in New York, NY) [NYSE: AIG] and its subsidiaries remain unchanged following the Jan. 22, 2018 announcement that AIG has signed a definitive agreement to acquire all outstanding common shares of Validus Holdings, Ltd. (Validus) [NYSE: VR].
Jan 22, 2018 03:35 pm ET
A.M. Best Places Credit Ratings of Validus Holdings, Ltd. and Its Subsidiaries Under Review with Developing Implications
A.M. Best has placed under review with developing implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a” of Validus Reinsurance, Ltd. (Validus Re) (Hamilton, Bermuda) and the following subsidiaries of Validus Holdings, Ltd. (Validus) (Hamilton, Bermuda) [NYSE:VR]: Western World Insurance Company, Stratford Insurance Company and Tudor Insurance Company (all headquartered in Parsippany, NJ), and Validus Reinsurance (Switze
Jan 22, 2018 06:51 am ET
AIG to Acquire Validus for $5.56 Billion in Cash
Leading global insurer American International Group, Inc. (NYSE: AIG) today announced it has entered into a definitive agreement to acquire all outstanding common shares of Validus Holdings, Ltd. (“Validus,” NYSE: VR), a leading provider of reinsurance, primary insurance, and asset management services. The transaction enhances AIG’s General Insurance business, adding a leading reinsurance platform, an insurance-linked securities asset manager, a meaningful presence at Lloyd’s and complementary capabilities in the U.S. crop and excess and
Jan 10, 2018 04:16 pm ET
Validus Holdings, Ltd. Announces $3.4 Billion of AlphaCat Assets under Management at January 1, 2018
Validus Holdings, Ltd. (“Validus” or the “Company”) (NYSE: VR) announced today that assets under management (“AUM”) at AlphaCat Managers, Ltd. (“AlphaCat”) were $3.4 billion as of January 1, 2018. This $3.4 billion figure reflects net third party inflows of $714.2 million at January 1, 2018, resulting in total third party assets under management of $3.2 billion.
Dec 08, 2017 08:00 am ET
Validus Holdings, Ltd. Announces Leadership Roles in New Reportable Segments
Validus Holdings, Ltd. (“Validus” or the “Company”) (NYSE:VR) today announced the following leadership appointments designed to enhance the development and execution of its global strategy:
Dec 07, 2017 06:22 pm ET
Validus Holdings, Ltd. Provides Initial Estimate of Net Losses from October 2017 California Wildfires and Comments on U.S. House and Senate Tax Reform Bills
Validus Holdings, Ltd. (“Validus” or the “Company”) (NYSE: VR) today provided an initial estimate of Validus’ net losses from the October 2017 California Wildfires and commented on the current U.S. House and Senate tax reform bills.
Dec 06, 2017 11:00 am ET
Validus Holdings, Ltd. to Release Fourth Quarter and Year End 2017 Financial Results on February 1, 2018
Validus Holdings, Ltd. (“Validus” or the “Company”) (NYSE: VR) announced today that it expects to release its financial results for the fourth quarter and the year ended 2017 on Thursday, February 1, 2018, after the close of trading on the New York Stock Exchange. A conference call to discuss the Company’s results will be held at 10:00 a.m. Eastern Time on Friday, February 2, 2018.
Nov 01, 2017 04:25 pm ET
Validus Holdings, Ltd. Announces Quarterly Common Share Dividend and Quarterly Preferred Share Dividends
Validus Holdings, Ltd. (“Validus” or the “Company”) (NYSE:VR) announced today that its Board of Directors has declared a quarterly cash dividend of $0.38 per common share. The common share dividend is payable on December 29, 2017 to shareholders of record on December 15, 2017.
Oct 26, 2017 04:16 pm ET
Validus Reports Third Quarter 2017 Financial Results
Validus Holdings, Ltd. (“Validus” or the “Company”) (NYSE: VR) today reported a net (loss) attributable to Validus common shareholders of $(250.4) million, or $(3.17) per diluted common share, for the three months ended September 30, 2017, compared to net income available to Validus common shareholders of $89.8 million, or $1.11 per diluted common share, for the three months ended September 30, 2016.
Oct 09, 2017 04:16 pm ET
Validus Holdings, Ltd. Provides Initial Estimate of Net Losses from Third Quarter 2017 Loss Events
Validus Holdings, Ltd. (“Validus” or the “Company”) (NYSE:VR) today provided an initial estimate of Validus’ net losses from third quarter 2017 loss events. Validus expects to record losses from these events, net of reinsurance, retrocessional recoveries, noncontrolling interest and net impact on premiums earned, in the amount of $378.9 million. This amount is apportioned between events as follows:

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