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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.
Validus Re today announced the winners of its Validus Scholarship. Validus Re announced the winners of its Validus Scholarship, an annual program now in its fourth year, providing financial support to Bermudian students aimed at cultivating academic achievement, community involvement and leadership skills. Bermudians Marcus Henschke and Kenji Robinson have both been named as 2018 Validus Scholars.
Talbot Underwriting Ltd (“Talbot”) today announced that Shawn Foreman has joined the global Accident & Health (A&H) team as Class Underwriter based in London. Shawn brings over 25 years of A&H experience to Talbot and will be responsible for developing the portfolio in London and the wider Talbot Group. Previously, he was Senior Underwriter at Chubb Global Markets and before that he held the role of Senior Underwriter at Ace European Group Limited.
Moody's Investors Service (Moody's) has affirmed the Baa1 senior unsecured debt and long-term issuer ratings of Validus Holdings, Ltd. (Validus) following the company's acquisition by American International Group, Inc. (AIG, Baa1 stable) for $5.5 billion in cash. Moody's also affirmed the Baa3 (hyb) preferred stock rating of Validus and the A2 insurance financial strength rating of Validus Reinsurance, Ltd. After the closing, AIG executed full and unconditional guarantees of Validus' Series A and B preferred shares as well as its senior unsecured notes due in 2040.
For today, WallStEquities.com observes The Hartford Financial Services Group Inc. (NYSE: HIG), Validus Holdings Ltd (NYSE: VR), American International Group Inc. (NYSE: AIG), and AmTrust Financial Services Inc. (NASDAQ: AFSI). Companies in the Property and Casualty Insurance industry sell property insurance (insurance on homes, cars, and businesses) and casualty insurance (liability insurance).
NEW YORK, July 02, 2018-- 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 ...
Validus Specialty Underwriting Services, Inc. today announced the appointment of Bob Eells as Senior Vice President and Chief Operating Officer of Validus Specialty, Western World and Crop Risk Services.
WallStEquities.com has initiated research coverage on Radian Group Inc. (NYSE: RDN), The Allstate Corp. (NYSE: ALL), The Hartford Financial Services Group Inc. (NYSE: HIG), and Validus Holdings Ltd (NYSE: VR). Philadelphia, Pennsylvania headquartered Radian Group Inc.'s shares gained slightly by 0.84%, closing Thursday's trading session at $16.79.
Talbot Underwriting Ltd today announced that Kevin Lee has joined their global Construction team as Construction Underwriter based in Singapore.
Shares of Validus Holdings Ltd (NYSE:VR) will begin trading ex-dividend in 2 days. To qualify for the dividend check of $0.38 per share, investors must have owned the shares priorRead More...
The Commercial Directors & Officers insurance team of Validus Specialty Underwriting Services, Inc. today announced a partnership with Business Risk Partners , a leading producer, underwriter and administrator in the Professional & Management Liability space.
Validus Holdings, Ltd. (“Validus” or the “Company”) (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. In addition, the Board of Directors has declared cash dividends on the Company’s Series A 5.875% Preferred Shares and Series B 5.800% Preferred Shares of $0.3671875 and $0.3625000 per depositary share, respectively.
Jonathan Goh has joined as Political Risk & Credit Underwriter and will be based in Talbot’s Singapore offices. Previously, he was with Zurich Insurance as a Senior Political Risk and Credit Underwriter. Prior to that role, he was the APAC Political Risk Underwriter at Canopius.
On a per-share basis, the Pembroke, Bermuda-based company said it had profit of 5 cents. Earnings, adjusted for investment costs, were 53 cents per share. The provider of reinsurance and insurance services ...
Validus Holdings, Ltd. today reported a net attributable to Validus common shareholders of $ million, or $ 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.
Validus Holdings, Ltd. 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.
Crop Risk Services today announced a value-added service for clients that delivers precision farming capabilities bundled with its federal and private insurance offerings. The new facility will capture agricultural technology driven precision planting records to improve insurance coverage, through mapping advantages over Farm Service Agency and more accurate actual production history .
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.