Validus surpasses consensus in Q2

Validus joined a number of its peers in exceeding second quarter
analyst estimates with operating earnings of $1.09 per share -
topping expectations of $0.99 per share and the prior-year result
of $0.69 per share.
The carrier's net operating profits grew by 52.8 percent
year-on-year to $88.5mn for the period, while net income was 6.4
percent higher at $101.1mn.
Validus generated a 9.3 percent operating return on equity in
the three months to 30 June, representing a 3.1-point improvement
versus..