Validus Holdings, Ltd. provides reinsurance coverage, insurance coverage, and insurance linked securities management services worldwide. It operates through four segments: Validus Re, AlphaCat, Talbot, and Western World. The Validus Re segment offers short-tail reinsurance products, such as property catastrophe, property per risk, and property pro rata reinsurance; marine reinsurance; and other lines of business, including aerospace and aviation, agriculture, financial, terrorism, life, accident and health, nuclear, workers’ compensation, crisis management, contingency, motor, technical, composite, and trade credit lines. The AlphaCat segment provides investment advising services; manages capital from third parties and its insurance linked securities; and offers other investments in the property catastrophe reinsurance space. The Talbot segment underwrites property, marine, specialty, war, accident and health, contingency, and aviation, as well as coverage for various types of financial institutions and similar companies. The Western World segment insures small to medium size commercial and institutional risks covering general, professional, and products liability, as well as miscellaneous malpractice and property classes. The company was founded in 2005 and is based in Pembroke, Bermuda.