Validus' CEO Discusses 1Q 2012 Results - Earnings Call Transcript

Validus Holdings, Ltd. (VR)

1Q 2012 Earnings Call

April 27, 2012 9:00 a.m. ET


Jon Levenson – Executive Vice President

Ed Noonan – Chairman and Chief Executive Officer

Jeff Consolino – President and Chief Financial Officer


Amit Kumar - Macquarie

Josh Shanker - Deutsche Bank

Matthew Heimermann - JP Morgan

Jay Cohen - Bank of America Merrill Lynch

Michael Nannizzi - Goldman Sachs

Brian Meredith - UBS

Ron Bobman - Capital Returns

Meyer Shields - Stifel Nicolaus



Good day, ladies and gentlemen, and welcome to the Validus Holdings, Ltd. First Quarter 2012 Conference Call. My name is Dominique and I’ll be your coordinator for today. (Operator instructions) As a reminder, this call is being recorded for replay purposes. I would now like to turn the conference over to Mr. Jon Levenson, Executive Vice President. Please proceed, sir.

Jon Levenson

Thank you. Good morning and welcome to the Validus Holdings conference call for the quarter ended March 31, 2012. After the market closed yesterday, we issued an earnings press release and financial supplement, which are available on our website at

Today’s call is being simultaneously webcast and will be available for replay until May 11, 2012. Details are provided on our website. Leading today’s call are Validus’ Chairman and Chief Executive Officer, Ed Noonan, and Validus’ President and Chief Financial Officer, Jeff Consolino.

Before we begin, I would like to remind you that certain comments made during this call may be deemed forward-looking statements as defined within the U.S. Federal Securities Laws. These statements address matters that involve risks and uncertainties, many of which are beyond the Company’s control.

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