Validus, the (re)insurer being acquired by AIG, missed analysts' fourth quarter earnings estimates, posting a deeply shrunken profit as its loss ratio ballooned and the combined ratio deteriorated sharply compared with the year-earlier period.
Validus, the (re)insurer being acquired by AIG, missed analysts' fourth quarter earnings estimates, posting a deeply shrunken profit as its loss ratio ballooned and the combined ratio deteriorated sharply compared with the year-earlier period.