Feb 23, 2017
Validus Holdings, Ltd. Releases 2016 Loss Development Triangles
PEMBROKE, Bermuda--(BUSINESS WIRE)--Feb. 23, 2017--
Validus Holdings, Ltd. (NYSE:VR) (“Validus”) today announced that it has
published its 2016 Loss Development Triangles (the “2016 Triangles”) on
its website located at www.validusholdings.com
under the Investor Relations - Financial Reports section.
The 2016 Triangles provide stakeholders with additional insight into the
loss reserves held on Validus’ balance sheet as of December 31, 2016 and
present accident year and underwriting year data for eleven loss reserve
groups plus three summary categories.
About Validus Holdings, Ltd.
Validus Holdings, Ltd. ("Validus") is a holding company for reinsurance
and insurance operating companies and investment advisors including
Validus Reinsurance, Ltd. (“Validus Re”), Talbot Underwriting Ltd.
(“Talbot”), Western World Insurance Group, Inc. (“Western World”) and
AlphaCat Managers, Ltd. (“AlphaCat”).
Validus Re is a global reinsurer focused primarily on treaty
reinsurance. Talbot is a specialty insurance group primarily operating
within the Lloyd's insurance market through Syndicate 1183. Western
World is a U.S. specialty lines insurance company focused on excess and
surplus lines. AlphaCat is a Bermuda based investment adviser managing
capital for third parties and Validus in insurance linked securities and
other property catastrophe and specialty reinsurance investments.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170223006679/en/
Source: Validus Holdings, Ltd.
Validus Holdings, Ltd.
Charlotte Connerton / Mustafa Riffat