Validus Holdings, Ltd. · Hamilton Bermuda ·(NYSE: VR)
Company Description
View Validus Holdings, Ltd. Locations On A US Map
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This link will open in a new window Even insurance companies like to buy a little peace of mind. Holding company Validus Holdings, operating through subsidiary Validus Re, sells property/casualty insurance and reinsurance primarily in the US, Europe, and Latin America. Its largest lines of business cover property, marine, and specialty areas that include aerospace and workers' compensation catastrophe insurance. Validus makes sales largely through brokers including Marsh & McLennan , Willis Re , and Aon Re . Subsidiary Talbot Holdings writes property/casualty insurance in the UK as a Lloyd's of London syndicate. Talbot's basics include property and marine insurance, but its specialty products cover war, financial institutions, and specialty livestock. To read the full description, subscribe now.
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Key Validus Holdings, Ltd. Financials
| Company Type | Public - NYSE: VR Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,279.4 |
| 2008 Employees | 280 |
Validus Holdings, Ltd. Executives
23 executives listed for Validus Holdings, Ltd.'s Hamilton, location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Edward Noonan | Network |
| Deputy Chairman and President | George Reeth | Network |
| EVP and CFO | Joseph Consolino | Network |
Competition
Competitive Landscape for Validus Holdings, Ltd.
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top Validus Holdings, Ltd. Competitors
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