Reinsurance News

Validus Specialty

RenRe acquiring Validus from AIG for $3bn, to become top-5 P&C reinsurer

23rd May 2023

RenaissanceRe, the Bermuda headquartered re/insurer, is aiming to become a top-5 global property and casualty reinsurer with the acquisition of Validus and all its subsidiaries from global player AIG for around $3 billion. RenaissanceRe (RenRe) is set to raise capital to complete this significant acquisition, with an offering of 6.3 million ... Read the full article

Validus Specialty appoints Head of U.S Political Risk and Credit Insurance team

7th November 2018

Validus Specialty Underwriting Services has appointed Corina Monaghan to lead its U.S Political Risk and Credit Insurance team, based in New York. Monaghan joins Validus Specialty from JLT North America, where she most recently served as head of Political Risks, spearheading consulting and brokerage for crisis management. She brings expertise in political ... Read the full article

Validus Specialty appoints new Chief Operating Officer

29th June 2018

Validus Specialty Underwriting Services has announced the appointment of Bob Eells as Senior Vice President and Chief Operating Officer (COO) of Validus Specialty, Western World and Crop Risk Services. A 30 year veteran of commercial insurance, Eells joins from XL Catlin where he served as Vice President, Business Solutions and Innovation. Among ... Read the full article

Marsh and Validus collaborate on new U.S fintech policy

3rd May 2018

Re/insurance broker and risk management firm Marsh has collaborated with Validus Specialty, an underwriter of professional liability solutions, to develop FINTECH Protect, a financial and professional re/insurance solution that manages the growing risks of U.S-based fintech companies. Unlike traditional forms of re/insurance for financial and technology industries, FINTECH Protect offers comprehensive ... Read the full article

Validus Specialty expands cyber offering with new standalone solution

8th February 2018

Validus Specialty, the cyber and technology insurance unit of Validus Specialty Underwriting Services, Inc., has released a new cyber solution that focuses on privacy and network protection. Further expanding its cyber insurance offering, Validus Specialty has launched a new standalone cyber insurance solution designed to meet the challenges faced by U.S. ... Read the full article