Free Trial

Reactions Copying and distributing are prohibited without permission of the publisher

Validus posts $180m Q2 income

05 August 2010

Bermudian insurer and reinsurer Validus Holdings has reported net income of $179.8m for the second quarter of 2010, compared with net income of $137.6m for the same period in 2009.

Read more: validus

Bermudian insurer and reinsurer Validus Holdings has reported net income of $179.8m for the second quarter of 2010, compared with net income of $137.6m for the same period in 2009.

Net income for the first six months of 2010 was $61.4m compared with $232.5m for the first six months of 2009.

Gross premiums written...


  • Peru Earthquake Mw6.3 30 Jan 2012 - Updated 1 February. On Monday, 30 January a magnitude Mw6.3 (regional moment ...
  • US Severe Convective Storm 24 Jan 2012 - A severe weather outbreak across the southern U.S. late Sunday, 22 / ...
  • Tropical Cyclone Heidi 12 Jan 2012 - Around 18:30UTC on Wednesday, 11 January (04:30am Wednesday, 12 January, local time) ...
For more catastrophe reports, data and news, click through to the RMS/Reactions Catastrophe Centre.

Poll

Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

Less than $3bn
0%
$3bn-$4bn
67%
$4bn-$5bn
0%
$5bn-$6bn
33%
$6bn-$7bn
0%
More than $7bn
0%

Quote

If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield