Validus Holdings (VR) Misses Q4 EPS

Validus Holdings (NYSE: VR) reported operating Q4 EPS of $0.05, which may not compare to the analyst estimate of $0.88.

“We continue to position the Company well, utilizing both traditional retro and the Validus-sponsored Tailwind Re catastrophe bond to improve the risk return characteristics of our portfolio. Through portfolio optimization we were able to take advantage of rate increases while reducing our peak U.S. hurricane PML’s, which are down 65% since their height in 2013. Looking ahead, we are very excited to become part of the AIG Group at closing and are looking forward to being able to continue to serve our clients and brokers in new and exciting ways.”

For earnings history and earnings-related data on Validus Holdings (VR) click here.

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