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    Validus Holdings, Ltd. (VR)

    -NYSE
    44.35 Down 0.55(1.22%) 4:02PM EDT
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    Validus Holdings, Ltd.
    29 Richmond Road
    Pembroke, HM 08
    Bermuda - Map
    Phone: 441-278-9000
    Website: http://www.validusre.bm

    Details 
    Index Membership:N/A
    Sector:Financial
    Industry:Property & Casualty Insurance
    Full Time Employees:876

    Business Summary 

    Validus Holdings, Ltd. provides reinsurance coverage, insurance coverage, and insurance linked securities management services worldwide. It operates through four segments: Validus Re, Talbot, Western World, and AlphaCat. The Validus Re segment offers treaty reinsurance products, such as property catastrophe, property per risk, and property pro rata reinsurance; marine reinsurance; and other lines of business, including aerospace and aviation, agriculture, financial, terrorism, life, accident and health, nuclear, workers’ compensation, crisis management, contingency, casualty, technical, composite, and trade credit lines. The Talbot segment underwrites property, marine, specialty, political, aviation, accident and health, and contingency, as well as coverage for various types of financial institutions and similar companies. The Western World segment insures small to medium size commercial and institutional risks covering general, professional, and product liability, as well as miscellaneous malpractice and property classes. The AlphaCat segment provides investment advising services; manages capital from third parties and its insurance linked securities; and offers other investments in the property catastrophe reinsurance space. Validus Holdings, Ltd. was founded in 2005 and is based in Pembroke, Bermuda.

    Key Statistics


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    Corporate Governance 
    Validus Holdings, Ltd.’s ISS Governance QuickScore as of Apr 1, 2016 is 7. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 6; Compensation: 7.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
     PayExercised
    Mr. Edward Joseph Noonan , 57
    Chairman, Chief Exec. Officer, Member of Exec. Committee, Member of Fin. Committee, Member of Risk Committee, Chairman of the Validus Group and Chief Exec. Officer of the Validus Group
    3.76M19.60M
    Mr. Jeffrey D. Sangster , 44
    Chief Financial Officer and Exec. VP
    2.14M0.00
    Mr. John Joseph Hendrickson , 55
    Director of Strategy, Risk Management & Corp. Devel., Director and Member of Risk Committee
    2.13M0.00
    Mr. Kean D. Driscoll , 42
    Exec. VP and Chief Exec. Officer of Validus Reinsurance Limited
    2.36M82.00K
    Mr. Jonathan P. Ritz , 48
    Chief Operating Officer and Exec. VP
    N/AN/A
    Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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