Validus shares closed down almost 4 percent today as investors reacted negatively to a Credit Suisse note highlighting the pressure property-cat focused reinsurers are coming under from the insurance-linked securities (ILS) market.
Validus shares closed down almost 4 percent today as investors reacted negatively to a Credit Suisse note highlighting the pressure property-cat focused reinsurers are coming under from the insurance-linked securities (ILS) market.