Validus Holdings, Ltd. Releases 2017 Loss Development Triangles
February 28 2018 - 5:50PM
Business Wire
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.
The 2017 Triangles provide stakeholders with additional insight
into the loss reserves held on Validus’ balance sheet as of
December 31, 2017 and present accident year and underwriting year
data for eleven loss reserve groups plus three summary
categories.
About Validus Holdings,
Ltd.
Validus Holdings, Ltd. is a leading global provider of
reinsurance, insurance, and asset management services, delivering
its premier solutions through four diversified yet complementary
operating companies: Validus Reinsurance, Ltd., a global
reinsurance group focused primarily on treaty reinsurance; Talbot
Underwriting Ltd., a specialty (re)insurance group operating within
the Lloyd’s market through Syndicate 1183; Western World Insurance
Group, Inc., a U.S. specialty lines organization; and AlphaCat
Managers, Ltd., a Bermuda-based investment advisor managing capital
for third parties and Validus through insurance-linked securities
and other property catastrophe and specialty reinsurance
investments.
Research and analytics are at the core of Validus’ operations
and provide its team of expert practitioners with the knowledge and
insight required to effectively model and interpret risk – an
approach that consistently benefits clients and ensures their needs
are met. Validus maintains a worldwide presence with more than
1,000 employees in 17 offices across all major regions and is
listed on the New York Stock Exchange under the ticker symbol
VR.
More information about the Validus group of companies can be
found at validusholdings.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20180228006610/en/
Investors:Validus Holdings,
Ltd.+1-441-278-9000Investor.Relations@ValidusHoldings.comorMedia:Brunswick
GroupMustafa Riffat / Charlotte Connerton+1-212-333-3810
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