Validus Holdings, Ltd. provides reinsurance coverage, insurance coverage, and insurance linked securities management services worldwide. It operates through four segments: Validus Re, Talbot, Western World, and AlphaCat. The Validus Re segment offers treaty reinsurance products, such as property catastrophe, property per risk, and property pro rata reinsurance; marine reinsurance; and other lines of business, including aerospace and aviation, accident and health, agriculture, casualty, composite, contingency, crisis management, financial, life, technical, terrorism, trade credit, and workers' compensation lines. The Talbot segment underwrites property, marine, specialty, political, aviation, accident and health, and contingency; and bankers blanket bond, commercial crime, computer crime, cyber- crime, professional indemnity, and directors' and officers' coverage for various types of financial institutions and related companies, as well as commercial clients. The Western World segment insures small to medium size commercial and institutional risks covering general, professional, and product liability, as well as miscellaneous malpractice and property classes. The AlphaCat segment provides investment advising services; manages capital from third parties and its insurance linked securities; and offers property catastrophe and specialty reinsurance investments. Validus Holdings, Ltd. was founded in 2005 and is based in Pembroke, Bermuda.