Validus Reinsurance, Ltd. was formed in December 2005 and is an operating subsidiary of Validus Holdings, Ltd. Headquartered in Bermuda, Validus Re is a global provider of short-tail lines of reinsurance including property catastrophe, property pro rata and property per risk, as well as marine and energy, and other specialty lines.
Validus entered the global reinsurance market during a period of imbalance between the supply of underwriting capacity available for reinsurance on catastrophe-exposed property, marine and energy risks and the demand for such reinsurance coverage.
In addition to the headquarters in Bermuda, Validus Re also has overseas offices in Asia, Continental Europe and Latin America.
Validus Re has earned an A- (Excellent) financial rating from A.M. Best.