Validus Holdings Ltd ETF Company Profile

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, 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.