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Validus Holdings Ltd (VR.N)

VR.N on New York Stock Exchange

67.60USD
16 Feb 2018
Change (% chg)

$0.15 (+0.22%)
Prev Close
$67.45
Open
$67.48
Day's High
$67.67
Day's Low
$67.48
Volume
99,065
Avg. Vol
275,891
52-wk High
$67.73
52-wk Low
$41.15

Latest Key Developments (Source: Significant Developments)

AIG To Buy Validus For $5.56 Billion In Cash
Monday, 22 Jan 2018 

Jan 22 (Reuters) - American International Group Inc ::AIG TO ACQUIRE VALIDUS FOR $5.56 BILLION IN CASH.VALIDUS HOLDINGS LTD - ALL-CASH TRANSACTION OF $68.00 PER VALIDUS SHARE.VALIDUS HOLDINGS LTD - ‍ACQUISITION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO AIG'S EARNINGS AND RETURN ON EQUITY​.VALIDUS HOLDINGS LTD - ‍TRANSACTION HAS BEEN UNANIMOUSLY RECOMMENDED BY BOARDS OF DIRECTORS OF AIG AND VALIDUS​.VALIDUS HOLDINGS LTD - AIG TO FUND TRANSACTION BY CASH ON HAND.  Full Article

Validus Holdings' Unit Entered Into A Subscription Agreement With Aquiline Co
Friday, 29 Dec 2017 

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
Friday, 8 Dec 2017 

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
Friday, 27 Oct 2017 

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 Holdings Ltd announces quarterly preferred share dividend and 8.6 % increase in quarterly common share dividend
Friday, 10 Feb 2017 

Validus Holdings Ltd : Validus Holdings Ltd announces quarterly preferred share dividend and 8.6 % increase in quarterly common share dividend .Validus Holdings Ltd says increased its quarterly cash dividend to $0.38 per common share from $0.35.  Full Article

Validus Holdings' CEO sold 273,000 shares in open market
Tuesday, 13 Dec 2016 

Validus Holdings Ltd : Noonan has sold 273,000 shares of company's common stock in open market transactions .Validus Holdings, Ltd announces sale of shares by Edward J. Noonan, Validus Group chairman and chief executive officer.  Full Article

Validus Holdings' CEO sold 273,000 shares in open market
Tuesday, 13 Dec 2016 

Validus Holdings Ltd : Noonan has sold 273,000 shares of company's common stock in open market transactions .Validus Holdings, Ltd announces sale of shares by Edward J. Noonan, Validus Group chairman and chief executive officer.  Full Article

Validus Holdings says Q2 earnings per share $1.14
Wednesday, 27 Jul 2016 

Validus Holdings Ltd : Validus reports a combined ratio of 89.9% and a 10.2% annualized return on average equity for the second quarter of 2016 . Q2 operating earnings per share $0.66 . Q2 earnings per share $1.14 . Q2 earnings per share view $0.73 -- Thomson Reuters I/B/E/S .Says gross premiums written for three months ended june 30, 2016 were $764.0 million compared to $726.2 million.  Full Article

Validus Holdings provides initial estimate of losses from Q2 2016
Tuesday, 12 Jul 2016 

Validus Holdings Ltd :Provides initial estimate of losses from q2 2016 notable and non-notable loss events.  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