Validus, the specialty carrier acquired for $5.56bn last week by AIG, tumbled to a $32.9mn loss in its last quarter as a standalone company as its loss and loss expense ratio surged and underwriting income plunged.
Validus, the specialty carrier acquired for $5.56bn last week by AIG, tumbled to a $32.9mn loss in its last quarter as a standalone company as its loss and loss expense ratio surged and underwriting income plunged.