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News Breaks | | | | January 31, 2013 | | 16:27 EDT |  | VR | Validus sees itself entering FY13 in an "excellent position"
Validus says it enters 2013 in an excellent position. The recent acquisition of Flagstone has provided additional scale in Validus Re's core property catastrophe reinsurance business, Talbot's focus on Marine and Property classes will allow it to capitalize on loss driven rate increases, and AlphaCat recently announced a significant increase in third party capital under management. Together with over $4B of common shareholders' equity, $5.2B of total capitalization and a high grade investment portfolio, Validus has the size, scale and security to provide significant capacity to our clients and their intermediaries. | |
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