Validus Holdings LTD (VR) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
29 RICHMOND ROAD PEMBROKE, HM08 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6331 - Fire, Marine, and Casualty Insurance (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2018 MRQ | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 13,832 | 9,265 | 2,665 | 9,025 | 1,808 | 2,334 | |||
| Cash and cash equivalents | 755 | 420 | 723 | 577 | 1,056 | 1,219 | |||
| Short-term investments | 13,077 | 8,845 | 1,942 | 8,448 | 752 | 1,114 | |||
| Total current assets: | 13,832 | 9,265 | 2,665 | 9,025 | 1,808 | 2,334 | |||
| Noncurrent Assets | |||||||||
| Long-term investments and receivables | 100 | 88 | 261 | 141 | 172 | ||||
| Long-term investments | 100 | 88 | 261 | 141 | 172 | ||||
| Intangible assets, net (including goodwill) | 401 | 312 | 318 | 323 | 127 | 131 | |||
| Goodwill | 230 | 197 | 197 | 196 | 20 | 20 | |||
| Intangible assets, net (excluding goodwill) | 171 | 116 | 121 | 127 | 106 | 111 | |||
| Regulated entity, other noncurrent assets | 4 | 5 | |||||||
| Total noncurrent assets: | 506 | 317 | 406 | 584 | 268 | 303 | |||
| Other undisclosed assets | 89 | 1,767 | 7,445 | 702 | 7,770 | 7,383 | |||
| TOTAL ASSETS: | 14,427 | 11,350 | 10,516 | 10,312 | 9,846 | 10,020 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 9,511 | 5,817 | 5,610 | 6,185 | 5,558 | 5,565 | |||
| Total liabilities: | 9,511 | 5,817 | 5,610 | 6,185 | 5,558 | 5,565 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 3,895 | 3,838 | 3,639 | 3,588 | 3,704 | 4,021 | |||
| Common stock | 28 | 28 | 28 | 27 | 27 | 27 | |||
| Treasury stock, value | (14) | (14) | (14) | (13) | (10) | (8) | |||
| Additional paid in capital | 815 | 821 | 1,003 | 1,207 | 1,678 | 2,160 | |||
| Accumulated other comprehensive loss | (22) | (23) | (13) | (9) | (1) | (3) | |||
| Retained earnings | 2,689 | 2,877 | 2,634 | 2,374 | 2,010 | 1,844 | |||
| Other undisclosed equity, attributable to parent | 400 | 150 | |||||||
| Equity, attributable to noncontrolling interest | 17 | 166 | 155 | 459 | 498 | 434 | |||
| Total equity: | 3,912 | 4,004 | 3,794 | 4,047 | 4,202 | 4,455 | |||
| Other undisclosed liabilities and equity | 1,004 | 1,528 | 1,112 | 80 | 87 | ||||
| TOTAL LIABILITIES AND EQUITY: | 14,427 | 11,350 | 10,516 | 10,312 | 9,846 | 10,020 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,798 | 2,443 | 2,345 | 2,085 | 2,159 | 2,061 | ||
| Financial services revenue | 2,581 | 2,249 | 2,247 | 2,002 | 2,102 | 1,873 | ||
| Cost of revenue | (3,164) | (1,894) | (1,790) | (1,475) | (1,497) | (1,625) | ||
| Deferred policy acquisition costs, amortization expense | (472) | (449) | (410) | (341) | 360 | 335 | ||
| Financial services costs | (2,300) | (1,065) | (1,053) | (836) | (858) | (1,053) | ||
| Gross profit: | (366) | 549 | 555 | 610 | 661 | 436 | ||
| Operating expenses | (332) | (323) | (274) | |||||
| Other undisclosed operating income | 308 | 306 | 163 | |||||
| Operating income (loss): | (366) | 549 | 555 | 585 | 645 | 325 | ||
| Nonoperating income | 194 | 98 | 52 | 43 | 149 | |||
| Investment income, nonoperating | 183 | 98 | 65 | 41 | 144 | |||
| Gain (loss), foreign currency transaction, before tax | 11 | (11) | 3 | 5 | ||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (63) | (252) | (172) | (100) | (91) | (91) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (429) | 491 | 481 | 538 | 597 | 383 | ||
| Income (loss) from equity method investments | (0) | (4) | 18 | 14 | 13 | |||
| Income (loss) from continuing operations before income taxes: | (429) | 491 | 477 | 555 | 612 | 395 | ||
| Income tax expense (benefit) | 8 | 20 | (6) | (0) | (0) | (3) | ||
| Income (loss) from continuing operations: | (422) | 511 | 470 | 555 | 611 | 393 | ||
| Income (loss) before gain (loss) on sale of properties: | (422) | 511 | 470 | 555 | 611 | 393 | ||
| Other undisclosed net income (loss) | 17 | (23) | (2) | (109) | (69) | |||
| Net income (loss): | (405) | 487 | 468 | 446 | 542 | 393 | ||
| Net income (loss) attributable to noncontrolling interest | 357 | (123) | (93) | 35 | (10) | 16 | ||
| Net income (loss) attributable to parent: | (48) | 364 | 375 | 481 | 533 | 408 | ||
| Preferred stock dividends and other adjustments | (16) | (4) | (4) | (6) | (19) | (7) | ||
| Net income (loss) available to common stockholders, basic: | (63) | 359 | 371 | 475 | 513 | 402 | ||
| Other undisclosed net income available to common stockholders, diluted | 4 | 6 | 7 | |||||
| Net income (loss) available to common stockholders, diluted: | (63) | 359 | 375 | 481 | 513 | 408 | ||
Comprehensive Income ($ in millions)
| 6/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (405) | 487 | 468 | 446 | 542 | 393 | ||
| Comprehensive income (loss): | (405) | 487 | 468 | 446 | 542 | 393 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (357) | (123) | (93) | 35 | 10 | (16) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 715 | (11) | (4) | (8) | (21) | 35 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (47) | 353 | 371 | 473 | 531 | 412 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.