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Validus Holdings Ltd (VR.N)

VR.N on New York Stock Exchange

67.52USD
21 Feb 2018
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$0.01 (+0.01%)
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Latest Key Developments (Source: Significant Developments)

Validus Q4 Loss Per Share $0.11
Thursday, 1 Feb 2018 04:16pm EST 

Feb 1 (Reuters) - Validus Holdings Ltd ::VALIDUS REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS.Q4 OPERATING EARNINGS PER SHARE $0.05.Q4 LOSS PER SHARE $0.11.GROSS PREMIUMS WRITTEN FOR THREE MONTHS ENDED DECEMBER 31, 2017 WERE $443.3 MILLION COMPARED TO $339.5 MILLION.NET PREMIUMS EARNED FOR THREE MONTHS ENDED DECEMBER 31, 2017 WERE $651.5 MILLION COMPARED TO $540.4 MILLION.ASSETS UNDER MANAGEMENT WERE $3.4 BILLION AS AT JAN 1, 2018, COMPARED TO $2.9 BILLION AS AT OCT 1, 2017.  Full Article

S&P Affirms Validus' Rating, Revises Holding Co Outlook To Negative On AIG Deal
Monday, 22 Jan 2018 11:27am EST 

Jan 22 (Reuters) - S&P: :S&P SAYS VALIDUS HOLDINGS RATINGS AFFIRMED; HOLDING CO OUTLOOK REVISED TO NEGATIVE ON ANNOUNCED ACQUISITION BY AIG.S&P SAYS REVISED OUTLOOK ON HOLDING CO OF VALIDUS TO NEGATIVE FROM STABLE, OUTLOOK ON OPERATING COS REMAINS STABLE; RATINGS ON AIG ARE UNAFFECTED.  Full Article

AIG Says Validus To Pay Termination Fee Of $162 Mln‍​ If Merger Terminated Under Some Conditions
Monday, 22 Jan 2018 07:24am EST 

Jan 22 (Reuters) - American International Group Inc ::AIG SAYS IF VALIDUS MERGER TERMINATED, IN SOME CONDITIONS, VALIDUS TO BE REQUIRED TO PAY AIG A TERMINATION FEE OF $162 MLN‍​ - SEC FILING.AIG - VALIDUS DEAL TO BE NEUTRAL TO BOOK VALUE, MODESTLY DILUTIVE TO TANGIBLE BOOK VALUE WITH "REASONABLE PAYBACK PERIOD".AIG - WILL EVALUATE FUNDING ALTERNATIVES‍​ FOR VALIDUS DEAL PRIOR TO CLOSING.AIG - VALIDUS DEAL MAY ACCELERATE UTILIZATION OF EXISTING AIG DTAS.  Full Article

Validus Holdings' Unit Entered Into A Subscription Agreement With Aquiline Co
Thursday, 28 Dec 2017 04:45pm EST 

Dec 28 (Reuters) - Validus Holdings Ltd ::VALIDUS HOLDINGS LTD SAYS ON DECEMBER 22, UNIT ENTERED INTO A SUBSCRIPTION AGREEMENT WITH AQUILINE CO-INVEST III GP ‍​ - SEC FILING.VALIDUS - PER AGREEMENT, UNIT COMMITTING TO PURCHASE LTD PARTNERSHIP/OTHER COMPARABLE LTD LIABILITY EQUITY INTERESTS IN AQUILINE ARMOUR CO-INVEST.VALIDUS HOLDINGS LTD - ‍PER AGREEMENT UNIT MAY ALSO BUY ONE OR MORE ALTERNATIVE INVESTMENT VEHICLES AND INTERMEDIATE ENTITIES.VALIDUS HOLDINGS LTD - PURCHASES UNDER AGREEMENT TO BE MADE WITH CAPITAL COMMITMENT IN AMOUNT EQUAL TO $40.3 MILLION AS LIMITED PARTNER IN PARTNERSHIP​.  Full Article

Validus Provides Initial Estimate of Losses from Oct California Wildfires
Thursday, 7 Dec 2017 06:22pm EST 

Dec 7 (Reuters) - Validus Holdings Ltd ::VALIDUS HOLDINGS, LTD. PROVIDES INITIAL ESTIMATE OF NET LOSSES FROM OCTOBER 2017 CALIFORNIA WILDFIRES AND COMMENTS ON U.S. HOUSE AND SENATE TAX REFORM BILLS.VALIDUS HOLDINGS LTD - VALIDUS EXPECTS NET IMPACT FROM OCTOBER 2017 CALIFORNIA WILDFIRES TO BE $30.0 MILLION.VALIDUS HOLDINGS LTD - DOES NOT EXPECT POTENTIAL CHANGES TO U.S. TAX LAW TO HAVE A MATERIAL IMPACT ON CO'S RESULTS OF OPERATIONS.  Full Article

Validus posts Q3 loss per share $3.17
Thursday, 26 Oct 2017 04:16pm EDT 

Oct 26 (Reuters) - Validus Holdings Ltd :Validus reports third quarter 2017 financial results.Q3 loss per share $3.17.Q3 earnings per share view $-3.30 -- Thomson Reuters I/B/E/S.Validus Holdings Ltd - ‍incurred $254.5 million operating loss in quarter which is equal to $3.22 per diluted share.Validus Holdings Ltd - ‍book value per common share at September 30, 2017 was $44.51, compared to $47.93 at June 30, 2017​.Validus Holdings - ‍net premiums earned for 3 months ended Sept 30, 2017 were $723.2 million compared to $563.8 million for three months ended September 30, 2016​.  Full Article

Validus quarterly earnings per share $1.25
Thursday, 27 Jul 2017 04:16pm EDT 

July 27 (Reuters) - Validus Holdings Ltd :Validus reports net income available to Validus common shareholders of $101.1 million, or $1.25 per diluted common share and a 10.7% annualized return on average equity for the three months ended June 30, 2017.Quarterly operating earnings per share $1.09.Quarterly earnings per share $1.25.Validus Holdings Ltd qtrly gross premiums written were $792.9 million compared to $764.0 million for three months ended June 30, 2016.Validus Holdings Ltd qtrly total revenues $697.3 million versus $653.7 million.Validus Holdings Ltd qtrly net premiums written $736.7 million versus $727.8 million.Validus Holdings Ltd - book value per diluted common share at June 30, 2017 was $46.45, compared to $45.88 at March 31, 2017.Validus Holdings Ltd qtrly net income available to Validus common shareholders of $101.1 million, compared to $95.0 million.  Full Article

Validus Holdings announces pricing of $250 million offering of depositary shares
Monday, 12 Jun 2017 04:16pm EDT 

June 12 (Reuters) - Validus Holdings Ltd : :Validus Holdings Ltd announces pricing of $250 million offering of depositary shares representing series B preference shares.Validus Holdings Ltd - priced an underwritten public offering of 10 million depositary shares.Validus Holdings Ltd - offering is expected to close on June 20, 2017.  Full Article

Validus holdings quarterly operating earnings per share $0.95
Wednesday, 26 Apr 2017 04:16pm EDT 

April 26 (Reuters) - Validus Holdings Ltd ::Validus Holdings Ltd qtrly total revenues $635.9 million versus $651.1 million.Validus reports net income available to validus common shareholders of $94.6 million, or $1.17 per diluted common share and a 10.2% annualized return on average equity for the three months ended march 31, 2017.Quarterly operating earnings per share $0.95.Quarterly earnings per share $1.17.Q1 earnings per share view $1.19, revenue view $598.6 million -- Thomson Reuters I/B/E/S.  Full Article

Validus reports quarterly earnings per share $1.17
Wednesday, 26 Apr 2017 04:16pm EDT 

April 26 (Reuters) - Validus Holdings Ltd -:Validus reports net income available to Validus common shareholders of $94.6 million, or $1.17 per diluted common share and a 10.2% annualized return on average equity for the three months ended march 31, 2017.Quarterly operating earnings per share $0.95.Quarterly earnings per share $1.17.Validus holdings ltd qtrly total revenues $635.9 million $651.1 million.Q1 earnings per share view $1.19, revenue view $598.6 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Insurer AIG to take more "predictable" approach to 2018 reinsurance-CEO

* CEO SAYS INSURER WILL BE "A PREDICTABLE BUYER OF REINSURANCE" IN FUTURE - CONF CALL