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Edward Noonan, the chairman and chief executive of Validus Holdings, has sold 273,000 shares of the company's common stock in open market – but has stressed that he did not want to sell the shares. 13 December 2016
Insurance
The Singapore Reinsurers’ Association (SRA) has appointed Validus Re’s executive vice president and CEO of Asia Pacific, Marc Haushofer, to become its chairman, effective January 2017. 6 December 2016
Insurance
Talbot Underwriting, a subsidiary of Bermuda-based Validus Holdings, has appointed a dedicated team of cyber underwriters. 2 December 2016
Insurance
Pool Re, a mutual reinsurer that provides terrorism cover for commercial property in the UK, has appointed Stephen Burr as head of actuarial services. 24 November 2016
Insurance
Talbot Underwriting, a wholly-owned subsidiary of Validus Holdings, has launched a Lloyd’s consortium for nuclear, biological, chemical and radiological (NBCR) terrorism. 4 November 2016
Insurance
Bermuda-based reinsurer RenaissanceRe almost doubled its net income in the third quarter of 2016 in comparison with the same period of 2015. 2 November 2016
Insurance
Profits at Validus increased in the third quarter of 2016, however, its gross written premiums fell sharply on the back of it reducing its exposure to classes of business experiencing the greatest pressure on pricing. 28 October 2016
Insurance
RenaissanceRe has appointed James Fraser as senior vice president (SVP), chief accounting officer, and Helen James as SVP, global corporate controller. 28 October 2016
Insurance
The potential for hedge fund reinsurers may be waning as a challenging investment environment, a soft market and sophisticated clients challenge the business model. Intelligent Insurer reports. 25 October 2016
Insurance
Harrington Re, the new reinsurance venture by AXIS and alternative asset manager Blackstone, which raised $600 million in July this year, has been warmly received by potential clients so far as it moves into its first renewals, Jay Nichols, the chief executive of AXIS Re, told PCI Today. 24 October 2016
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