Validus Holdings Posts Q4 Profit - Quick Facts

(RTTNews) - Validus Holdings, Ltd. (VR) Thursday reported fourth-quarter profit of $95.3 million or $0.93 per share, compared to a loss of $90.7 million or $0.94 per share in the same period last year.

Operating income for the quarter was $96.4 million or $0.94 per share. On average, 11 analysts polled by Thomson Reuters expected the company to earn $1.56 pe share for the quarter. Analysts' estimates typically exclude special items.

Net premiums earned amounted to $492.24 million from $499.29 million last year. Analysts expected revenues of $528.11 million.

Combined ratio for the quarter was 77.6 percent, compared to 122.7 percent last year.