Validus Holdings

Deal aimed at reducing volatility and further simplifying business model

Entrance aligns with platform's target to capitalise on its growth potential

One executive to retire and two others will join over the next few months

The 25-year veteran of the insurance industry has extensive expertise to offer

Insurance heavyweight turns to industry veteran for the position

Firm looking to develop its global protection measures

Company sees pre-tax income climb, but is hit by wildfires and tax reform

Firm expresses optimism for 2018, especially due to its upcoming acquisition by a global insurance giant

Likelihood of deals on the rise after "muted" few months

Group’s new president to continue holding his previous post as CEO of reinsurance arm