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Validus Holdings, Ltd. Announces Quarterly Common Share Dividend and Quarterly Preferred Share Dividends

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Validus Holdings, Ltd. ("Validus" or the "Company") (NYSE:VR) announced
today that its Board of Directors has declared a quarterly cash dividend
of $0.38 per common share. The common share dividend is payable on May
30, 2018 to shareholders of record on May 15, 2018.

In addition, the Board of Directors has declared cash dividends on the
Company's Series A 5.875% Preferred Shares and Series B 5.800% Preferred
Shares of $0.3671875 and $0.3625000 per depositary share, respectively.
The Series A and Series B Preferred Share dividends are payable on June
15, 2018 to shareholders of record on June 1, 2018.

About Validus Holdings, Ltd.

Validus Holdings, Ltd. is a leading global provider of reinsurance,
insurance, and asset management services, delivering its premier
solutions through four diversified yet complementary operating
companies: Validus Reinsurance, Ltd., a global reinsurance group focused
primarily on treaty reinsurance; Talbot Underwriting Ltd., a specialty
(re)insurance group operating within the Lloyd's market through
Syndicate 1183; Western World Insurance Group, Inc., a U.S. specialty
lines organization; and AlphaCat Managers, Ltd., a Bermuda-based
investment advisor managing capital for third parties and Validus
through insurance-linked securities and other property catastrophe and
specialty reinsurance investments.

Research and analytics are at the core of Validus' operations and
provide its team of expert practitioners with the knowledge and insight
required to effectively model and interpret risk – an approach that
consistently benefits clients and ensures their needs are met. Validus
maintains a worldwide presence with more than 1,000 employees in 17
offices across all major regions and is listed on the New York Stock
Exchange under the ticker symbol VR.

More information about the Validus group of companies can be found at
validusholdings.com.

Cautionary Note Regarding Forward-Looking
Statements

This press release may include forward-looking statements, both with
respect to the Company and its industry, that reflect our current views
with respect to future events and financial performance. Statements that
include the words "expect", "intend", "plan", "believe", "project",
"anticipate", "will", "may" and similar statements of a future or
forward-looking nature identify forward-looking statements. All
forward-looking statements address matters that involve risks and
uncertainties, many of which are beyond the Company's control.
Accordingly, there are or will be important factors that could cause
actual results to differ materially from those indicated in such
statements and, therefore, you should not place undue reliance on any
such statements. We believe that these factors include, but are not
limited to, the following: 1) unpredictability and severity of
catastrophic events; 2) rating agency actions; 3) adequacy of Validus'
risk management and loss limitation methods; 4) cyclicality of demand
and pricing in the insurance and reinsurance markets; 5) statutory or
regulatory developments including tax policy, reinsurance and other
regulatory matters; 6) Validus' ability to implement its business
strategy during "soft" as well as "hard" markets; 7) adequacy of
Validus' loss reserves; 8) continued availability of capital and
financing; 9) retention of key personnel; 10) competition; 11) potential
loss of business from one or more major insurance or reinsurance
brokers; 12) Validus' ability to implement, successfully and on a timely
basis, complex infrastructure, distribution capabilities, systems,
procedures and internal controls, and to develop accurate actuarial data
to support the business and regulatory and reporting requirements; 13)
general economic and market conditions (including inflation, volatility
in the credit and capital markets, interest rates and foreign currency
exchange rates); 14) the integration of businesses Validus may acquire
or new business ventures Validus may start; 15) the effect on Validus'
investment portfolios of changing financial market conditions including
inflation, interest rates, liquidity and other factors; 16) acts of
terrorism or outbreak of war; and 17) availability of reinsurance and
retrocessional coverage, as well as management's response to any of the
aforementioned factors.

The foregoing review of important factors should not be construed as
exhaustive and should be read in conjunction with the other cautionary
statements that are included herein and elsewhere, including the risk
factors included in Validus' most recent reports on Form 10-K and Form
10-Q and other documents of the Company on file with or furnished to the
U.S. Securities and Exchange Commission ("SEC"). Any forward-looking
statements made in this press release are qualified by these cautionary
statements, and there can be no assurance that the actual results or
developments anticipated by Validus will be realized or, even if
substantially realized, that they will have the expected consequences
to, or effects on, Validus or its business or operations. Except as
required by law, the Company undertakes no obligation to update publicly
or revise any forward-looking statement, whether as a result of new
information, future developments or otherwise.

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