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Validus Holdings, Ltd. (VR)


NYSE - NYSE Delayed Price. Currency in USD
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52.03-0.60 (-1.14%)
At close: 4:02PM EDT

52.03 0.00 (0.00%)
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Validus Holdings, Ltd.

29 Richmond Road
Pembroke HM 08
Bermuda
441-278-9000
http://www.validusholdings.com

SectorFinancial
IndustryProperty & Casualty Insurance
Full Time Employees886

Key Executives

NameTitlePayExercisedAge
Mr. Edward Joseph NoonanChairman, CEO, Chairman of the Validus Group and CEO of the Validus Group2.99MN/A58
Mr. Kean D. DriscollPres2.13MN/A43
Mr. Jeffrey D. SangsterChief Financial Officer and Exec. VPN/AN/A45
Mr. Robert F. KuzloskiExec. VP and Gen. Counsel1.58MN/A53
Mr. John Joseph HendricksonDirector of Strategy & Corp. Devel. and Director1.53MN/A56
Amounts are as of December 31, 2016 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.

Description

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, accident and health, agriculture, casualty, composite, contingency, crisis management, financial, life, technical, terrorism, trade credit, and workers’ compensation lines. The Talbot segment underwrites property, marine, specialty, political, aviation, accident and health, and contingency; and bankers blanket bond, commercial crime, computer crime, cyber- crime, professional indemnity, and directors’ and officers’ coverage for various types of financial institutions and related companies, as well as commercial clients. 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 property catastrophe and specialty reinsurance investments. Validus Holdings, Ltd. was founded in 2005 and is based in Pembroke, Bermuda.

Corporate Governance

Validus Holdings, Ltd.’s ISS Governance QualityScore as of June 2, 2017 is 4. The pillar scores are Audit: 2; Board: 8; Shareholder Rights: 6; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.