Validus Holdings, Ltd. is a Bermuda-based insurance and reinsurance company. The company operates in three segments: Validus Re, Talbot, and AlphaCat. Validus Re provides reinsurance coverage to property and casualty insurers. Talbot is a specialty insurance business that underwrites a range of marine, aviation, transport, energy, political risk, and terrorism risks. AlphaCat is a Bermuda-based investment adviser that manages capital for third parties and Validus Holdings, Ltd. The company was founded in 2005 and is headquartered in Hamilton, Bermuda.