Validus Re lifts net premiums by $500mn in 1.1 renewals
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Validus Re lifts net premiums by $500mn in 1.1 renewals

Validus Re Bermuda logo.jpg

AIG chairman and CEO Peter Zaffino said that Validus Re grew its net written premiums by 50% year-on-year, or an additional $500mn, in the January renewals.

Speaking on the firm’s Q4 2022 earnings call, he said that around 30% of the increase was driven by US business, 15% by international property, 45% from casualty placements and the remaining 10% was from specialty, including marine and...

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