Pembroke-based Validus Holdings, Ltd. is a Bermuda reinsurance provider covering property, casualty and specialty risks worldwide.
Validus Holdings, Ltd. was founded in 2005 in Pembroke, Bermuda, and provides reinsurance solutions for property, casualty and specialty lines to corporations and governments worldwide. CEO Lixin Zeng leads the company, and founders David Detone and Nicholas Klitzing have experience in the insurance sector. In 2016 it reported revenue of USD 2,249.17 mn and EBITDA of USD 573.11 mn. It raised USD 61.60 mn in its latest funding, a private placement and follow-on offering.
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