Feb 28, 2018
Validus Holdings, Ltd. Releases 2017 Loss Development Triangles
PEMBROKE, Bermuda--(BUSINESS WIRE)--Feb. 28, 2018--
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
View source version on businesswire.com: http://www.businesswire.com/news/home/20180228006610/en/
Source: Validus Holdings, Ltd.
Validus Holdings, Ltd.
Mustafa Riffat / Charlotte Connerton