VALIDUS HOLDINGS, LTD. (NYSE:VR) Files An 8-K Other Events
Item 8.01
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Other Events
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press release announcing that it has completed its acquisition of
Archer Daniels Midland Companys (NYSE:ADM) Crop Risk Services
business. The full text of the press release is attached as
Exhibit 99.1 to this Current Report on Form 8-K and is
incorporated herein by reference.
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Item 9.01
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Financial Statements and Exhibits
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(d)
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Exhibits. The following exhibits are filed herewith:
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Exhibit No.
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Description
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99.1
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Press Release (“Validus Holdings Completes Acquisition
of Archer Daniels Midland Crop Risk Services Business”) dated May 1, 2017. |
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About VALIDUS HOLDINGS, LTD. (NYSE:VR)
Validus Holdings, Ltd. is a holding company. The Company conducts its operations through four operating segments: Validus Re, Talbot, Western World and AlphaCat. Validus Re is a Bermuda-based reinsurance segment focused treaty reinsurance. AlphaCat is an investment advisor managing capital from third parties and the Company in insurance linked securities and other investments in the property catastrophe reinsurance space. Talbot is a specialty insurance segment operating within the Lloyd’s insurance market through Syndicate 1183. Western World is a specialty excess and surplus lines insurance segment operating within the United States commercial market. Validus Re operates primarily through approximately two reinsurance companies, including Validus Reinsurance, Ltd. and Validus Reinsurance (Switzerland) Ltd. (Validus Re Swiss). The AlphaCat segment operates through AlphaCat Managers, Ltd. that leverages the Company’s underwriting and analytical expertise for third party investors. VALIDUS HOLDINGS, LTD. (NYSE:VR) Recent Trading Information
VALIDUS HOLDINGS, LTD. (NYSE:VR) closed its last trading session down -0.09 at 55.19 with 610,243 shares trading hands.
