Validus Holdings (VR) Sees $378.9M in Net Losses from Q3 Loss Events
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Validus Holdings, Ltd. Provides Initial Estimate of Net Losses from Third Quarter 2017 Loss Events
October 9, 2017 4:16 PM EDTPEMBROKE, Bermuda--(BUSINESS WIRE)-- Validus Holdings, Ltd. (Validus or the Company) (NYSE: VR) today provided an initial estimate of Validus net losses from third quarter 2017 loss events. Validus expects to record losses from these events, net of reinsurance, retrocessional recoveries, noncontrolling interest and net impact on premiums earned, in the amount of $378.9 million. This amount is apportioned between events as follows:
  Three Months Ended September 30, 2017 (Amounts in millions of USD) Notable Loss Events (a)  Other Event    Total  Â
Third Quarter 2017 Loss Events  ÂHurricane
Harvey
 ... More