Validus underwrites a variety of specialty lines of business including aviation & space, terrorism, workers' compensation catastrophe/life catastrophe, bloodstock and livestock.
Validus underwrites its specialty lines risks on an excess of loss basis and a pro rata basis.
Aviation & Space
- $15M normal max line any one program
Workers’ Comp Cat/Life Cat
- $5M max any one life
- Multiple group or life warranties
- Normal max line of $30M for peak exposures; $50M for nonpeak exposures, any one program
Terrorism
- Terrorism – normal max line of $30M any one program
- Marine War and Aviation War – normal max line of $30M any one program