Bermuda-based Validus Holdings, Ltd. has opened a European reinsurance representative office located in Hamburg, Germany. The new office will represent Validus Reinsurance, Ltd. (Validus Re), the Group’s Bermuda-based reinsurance operating subsidiary, which focuses on short-tail classes of business, including property, marine, and other specialty.
The office will be headed by Maureen MacDonald, who has joined Validus Re as European Representative. She has approximately 20 years of insurance and reinsurance industry experience, most recently serving as Executive Director at Aon Re Germany.
Conan Ward, Chief Underwriting Officer of Validus Re, commented: “The addition of the Hamburg representative office demonstrates our continued commitment to exceptional customer service. The office will give us a local presence to better serve our growing European customer base as we continue to expand our presence in the region.”
Source: Validus Re – www.validusre.bm
Topics Europe Reinsurance
Was this article valuable?
Here are more articles you may enjoy.
Consumers’ Refusal to Keep Paying Higher Prices May Halt Inflation Spike 
Wall Street Firms to Pay $470 Million to Settle With US Regulators Over Texting 
California Commissioner Moves to Implement Insurance Rate Review Reforms 
With American Mobile Out, Florida’s Mobile Home Insurance Market Seems to Have ‘Fallen Apart’ 
