Validus Re

ID: 101013

Type:

Reinsurer | Traditional

Line of business

Aviation

Product type:

Specialty - Aviation & Space

Parent:

Validus

Limit:

$15M normal max line any one program

Notes:

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.

Contact Person:

441 278 9000

Contact Email Address:

http://www.validusholdings.com/reinsurance/validus-re/contacts/

Line of business

Property

Product type:

Property retrocessional reinsurance

Parent:

Validus

Limit:

Normal max line of $15M if U.S. exposed
Normal max line of $20M for non-U.S.

Notes:

Our property catastrophe reinsurance covers insurance companies’ exposures to an accumulation of property and related losses from separate policies – primarily related to natural disasters or other catastrophic events.

Contact Person:

441 278 9000

Contact Email Address:

http://www.validusholdings.com/reinsurance/validus-re/contacts/

Line of business

Property

Product type:

Property Other - per risk

Parent:

Validus

Limit:

Normal max line of $30M (per occurrence) any one program if EQ and Hurricane are excluded
Normal max line of $10M (per occurrence) if exposed to EQ and Hurricane.

Notes:

A form of excess of loss reinsurance which, subject to a specified limit, indemnifies the ceding company against the amount of loss in excess of a specified retention for each risk involved in each occurrence.

Contact Person:

441 278 9000

Contact Email Address:

http://www.validusholdings.com/reinsurance/validus-re/contacts/

Line of business

Property

Product type:

Property Other - pro rata

Parent:

Validus

Limit:

Normal max line of $30M on an occurrence basis
No “uncapped” proportional

Notes:

With property pro rata contracts, the reinsurer is required to share the premiums as well as the losses and expenses in an agreed proportion with the primary insurer.

Contact Person:

441 278 9000

Contact Email Address:

http://www.validusholdings.com/reinsurance/validus-re/contacts/

Line of business

Terrorism

Product type:

Terrorism

Parent:

Validus

Limit:

Terrorism – normal max line of $30M any one program
Marine War and Aviation War – normal max line of $30M any one program

Notes:

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.

Contact Person:

441 278 9000

Contact Email Address:

http://www.validusholdings.com/reinsurance/validus-re/contacts/

Line of business

Casualty

Product type:

Workers Compensation

Parent:

Validus

Limit:

$5M max any one life
Multiple group or life warranties
Normal max line $30M for peak exposures; $50M for nonpeak exposures, any one program

Notes:

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.

Contact Person:

441 278 9000

Contact Email Address:

http://www.validusholdings.com/reinsurance/validus-re/contacts/

Line of business

Casualty

Product type:

Specialty

Parent:

Validus

Notes:

Validus underwrites a wide variety of casualty classes of business with an emphasis on specialty casualty and situations that require creativity.

Lines of business that we actively write include D&O, E&O, Medical Malpractice, Environmental Liability, Umbrella, Surety and other specialty lines.

We offer meaningful capacity, timely responses and thoughtful solutions.

Contact Person:

441 278 9000

Contact Email Address:

http://www.validusholdings.com/reinsurance/validus-re/contacts/

Line of business

Energy

Product type:

Elemental Non-Gulf of Mexico

Parent:

Validus

Limit:

normal max line of $30M any one program

Notes:

Our marine specialists underwrite reinsurance on a range of marine risks, including damage to or loss of marine vessels and cargo, third-party liability for marine accidents and physical loss and liability from principally offshore energy properties.

Contact Person:

441 278 9000

Contact Email Address:

http://www.validusholdings.com/reinsurance/validus-re/contacts/

Line of business

Energy

Product type:

Elemental Gulf of Mexico

Parent:

Validus

Limit:

normal max line of $30M any one program

Notes:

Our marine specialists underwrite reinsurance on a range of marine risks, including damage to or loss of marine vessels and cargo, third-party liability for marine accidents and physical loss and liability from principally offshore energy properties.

Contact Person:

441 278 9000

Contact Email Address:

http://www.validusholdings.com/reinsurance/validus-re/contacts/

Line of business

Energy

Product type:

Non-Elemental

Parent:

Validus

Limit:

normal max line of $30M any one program

Notes:

Our marine specialists underwrite reinsurance on a range of marine risks, including damage to or loss of marine vessels and cargo, third-party liability for marine accidents and physical loss and liability from principally offshore energy properties.

Contact Person:

441 278 9000

Contact Email Address:

http://www.validusholdings.com/reinsurance/validus-re/contacts/

Line of business

Marine

Product type:

Hull, Liability, and Cargo

Parent:

Validus

Limit:

normal max line of $30M any one program

Notes:

Our marine specialists underwrite reinsurance on a range of marine risks, including damage to or loss of marine vessels and cargo, third-party liability for marine accidents and physical loss and liability from principally offshore energy properties.

Contact Person:

441 278 9000

Contact Email Address:

http://www.validusholdings.com/reinsurance/validus-re/contacts/

Line of business

Marine

Product type:

Marine Retro

Parent:

Validus

Limit:

normal max line of $15M any one program

Notes:

Our marine specialists underwrite reinsurance on a range of marine risks, including damage to or loss of marine vessels and cargo, third-party liability for marine accidents and physical loss and liability from principally offshore energy properties.

Contact Person:

441 278 9000

Contact Email Address:

http://www.validusholdings.com/reinsurance/validus-re/contacts/

Line of business

Property

Product type:

Property Catastrophe

Parent:

Validus

Limit:

Normal max line of $50M any one program

Notes:

Our property catastrophe reinsurance covers insurance companies’ exposures to an accumulation of property and related losses from separate policies – primarily related to natural disasters or other catastrophic events.

Contact Person:

441 278 9000

Contact Email Address:

http://www.validusholdings.com/reinsurance/validus-re/contacts/