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Stock Market & Financial Investment News

News Breaks
August 22, 2013
08:46 EDTVR, RNRRenaissanceRe Validus weakness creates buying opportunity, says UBS
UBS sees limited downside for RenaissanceRe (RNR) and Validus (VR) at current levels, and the firm expects the stocks' valuation to rise over the long-term. The firm expects both companies to benefit from the inflow of capital into alternative reinsurance vehicles.
News For RNR;VR From The Last 14 Days
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February 2, 2016
16:32 EDTRNRRenaissanceRe reports Q4 operating EPS $3.07, consensus $2.71
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16:24 EDTVRValidus increases dividend 9.4% to 35c
Validus Holdings announced that its Board of Directors has increased its quarterly dividend to 35c per common share from 32c, an increase of 3c or 9.4%. The dividend is payable on March 31 to shareholders of record on March 15.
January 28, 2016
16:35 EDTVRValidus reports Q4 adjusted EPS $1.24, consensus $1.22
Reports Q4 gross premiums written $309.6M, down from $336.6M. Reports tangible book value per diluted common share $38.63, up from $36.19. Reports combined ratio 78.3%, up from 75.6%. Reports no notable, non-notable loss events during quarter.

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