VALIDUS HOLDINGS, LTD. (NYSE:VR) Files An 8-K Other Events
Item 8.01
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Other Events
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issued a press release disclosing certain sales of the Company’s
common stock by Edward J. Noonan, the Company’s Chairman and
Chief Executive Officer. 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, Ltd. Announces Sale of
Shares By Edward J. Noonan, Validus Group Chairman and Chief Executive Officer”) dated December 12, 2016. |
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 -0.41 at 55.10 with 732,663 shares trading hands.