Validus Holdings (VR) Tops Q2 EPS VIews
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Validus Reports a Combined Ratio of 89.9% and a 10.2% Annualized Return on Average Equity for the Second Quarter of 2016
July 26, 2016 4:16 PM EDTPEMBROKE, Bermuda--(BUSINESS WIRE)-- Validus Holdings, Ltd. (Validus or the Company) (NYSE: VR) today reported net income available to Validus common shareholders of $95.0 million, or $1.14 per diluted common share, for the three months ended June 30, 2016, compared to $65.8 million, or $0.75 per diluted common share, for the three months ended June 30, 2015. Net income available to Validus common shareholders was $261.8 million, or $3.12 per diluted common share, for the six months ended June 30, 2016, compared to $239.2 million, or $2.74 per diluted common share, for the six months ended June 30, 2015.
Net operating income available to Validus common shareholders was $54.9 million, or $0.66... More
