Validus pre-tax results swung to $317mn profit in first nine months of 2023
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Validus pre-tax results swung to $317mn profit in first nine months of 2023

Rachel Dalton
12 January 2024
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Validus’s pre-tax result moved to a $317mn profit for the first nine months of 2023 compared with a $306mn loss in the prior-year period.

Validus parent AIG agreed to sell the business to RenaissanceRe in a $3bn deal that closed in November, creating a combined entity that controls around $12bn in P&C reinsurance premium.

The

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