VR: Validus Holdings, Ltd. Instablogs

Quote & Headlines Market Currents StockTalk

All
| Earnings
| Dividends
| M&A
| On the move

Friday, May 24, 12:22 PM The pressure on reinsurance pricing isn't set to dissipate anytime soon, says Credit Suisse, after talking with 9 of the firms this week. Faring best will be those with higher exposure to Florida (say ACE) - where price pressure will ease somewhat - as opposed to those with more of a national presence (say RNR). Rated Outperform are Aspen (AHL) - with less than 25% of the portfolio exposed to industry headwinds - and Validus (VR) - trading near book despite a more diverse revenue line. Comment! [Financials]
Thursday, May 2, 2:55 PM Validus Holdings (VR) declares $0.30/share quarterly dividend, in line with previous. Forward yield 3.11%. For shareholders of record June 14. Payable June 28. Ex-div date June 12. (PR) Comment! [Dividends]
Thursday, April 25, 5:18 PM Validus Holdings (VR): Q1 EPS of $1.83 beats by $0.43. (PR) Comment! [Earnings, Breaking News, Financials]
Thursday, February 7, 10:06 AM Validus Holdings (VR) declares $0.30/share quarterly dividend, in line with previous. Forward yield 3.25%. For shareholders of record Mar. 15. Payable Mar. 29. Ex-div date Mar. 13. The board declares special dividend of $2.00/share, payable on Feb. 26. (PR) Comment! [Dividends]
Thursday, January 31, 4:58 PM Validus Holdings (VR): Q4 EPS of -$0.94 beats by $0.75. (PR) Comment! [Earnings, Breaking News]
Tuesday, January 8, 6:15 PM Goldman Sachs' 23 best stocks for fat dividends and big buybacks: AIZ, UFS, VR, CCE, WYN, HFC, LOW, AMP, MPC, NSC, AXS, FITB, AMAT, PFE, JPM, DELL, RSG, PRU, BLK, CSX, GLW, TRV, CMCSA. 17 Comments [Quick Ideas]
Friday, December 21, 2012, 5:50 PM Validus Holdings (VR) gives a preliminary estimate of the financial impact from Hurricane Sandy, saying it expects to record a $333.1M hit to earnings, based on estimated insured industry losses of approximately $25B. The amount is split between Validus' operating segments as follows: $256.2M to it Validus Re segment and $76.9M to its Talbot segment. Comment! [Financials]
Thursday, November 15, 2012, 5:47 PM Flagstone Reinsurance Holdings Ltd. (FSR) declares $0.04/share quarterly dividend, in line with previous. Forward yield 1.90%. For shareholders of record Dec. 14. Payable Dec. 28. Ex-div Dec. 12. (PR) Comment! [Dividends]
Friday, November 2, 2012, 5:22 AM Validus Holdings, Ltd. (VR) declares $0.25/share quarterly dividend, in line with previous. For shareholders of record Dec. 14. Payable Dec. 28. Ex-div Dec. 12. (PR) Comment! [Dividends]
Thursday, November 1, 2012, 5:16 PM Tucked into its earnings release this afternoon, RenaissanceRE Holdings (RNR) becomes the first of the reinsurers to warn on Sandy: "The Company's current preliminary assessment is that the impact of Hurricane Sandy on its financial results will likely be significant." (h/t Corey Davis) Comment! [Financials]
Thursday, August 30, 2012, 9:10 AM Premarket gainers: FSR +15%. P +14%. GSV +14%. SRPT +12%. GERN +10%. VC +8%.
Losers: CIEN -11%. VRA -9%. RBA -6%. 1 Comment [On the Move]
Thursday, August 30, 2012, 9:00 AM Validus (VR) agrees to acquire Flagstone Reinsurance (FSR) for $600M in cash and stock in a deal that Validus hopes will strengthen its property reinsurance operations. Validus is paying $8.43/share, or a 19% premium to Flagstone's close yesterday - the latter's shares are +17.6% premarket. The deal comes after Validus failed in an attempt to acquire Transatlantic last year. (PR) Comment! [Financials, M&A]
Thursday, August 9, 2012, 3:01 PM Flagstone Re (FSR) declares $0.04/share quarterly dividend, in line with previous. Forward yield 2.35%. For shareholders of record Aug 31. Payable Sep 15. Ex-div date Aug 29. (PR) Comment! [Dividends]
Wednesday, June 6, 2012, 12:24 PM Property insurers have turned skeptical about hurricane models after one major modeler recently dramatically increased its estimate of losses. "They don't want to be held hostage to a model-version change or to an outside influence to their view of risk," says a property insurance specialist. 2 Comments [Financials]
Wednesday, February 22, 2012, 3:56 PM Flagstone Reinsurance (FSR -13.2%) shares slump on the company's Q4 loss, as a surge in catastrophes again weighed on results. KBW cuts its price target and EPS estimates after the bottom-line miss. Comment! [Financials, On the Move]
Thursday, January 26, 2012, 7:21 AM Goldman Sachs tags Validus Holdings (VR) as a Conviction Buy with a lofty price target of $40. Analysts with the firm say Validus is well-positioned in the sector to take advantage of improving conditions in the Property-Catastrophe insurance market. Comment! [Financials]

VR Validus Holdings, Ltd.

VR

Validus Holdings, Ltd.