"We are committed to building a long-term franchise in the global
reinsurance market and are grateful to have attracted a high quality investor base that shares this commitment. I am excited by the opportunity to work with our institutional sponsors in growing Validus and believe that the company will continue to benefit from a very knowledgeable group of investors and a Board of Directors that is experienced in the reinsurance industry." Edward J. Noonan, the Chairman and CEO of Validus