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Validus Specialty Announces Appointment of Bob Eells as Chief Operating Officer

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Validus Specialty Underwriting Services, Inc. ("Validus Specialty")
today announced the appointment of Bob Eells as Senior Vice President
and Chief Operating Officer of Validus Specialty, Western World and Crop
Risk Services.

Mr. Eells will report to Chief Executive Officer Jonathan Ritz and be a
member of the organization's leadership team. Among his key
responsibilities will be leading operations and business enablement. Mr.
Eells, who joins Validus from XL Catlin, will be based in the
Parsippany, New Jersey office.

"Bob is a highly respected leader with expertise supporting growing
businesses like our own," said Mr. Ritz. "We're focused on becoming a
leader in each of our markets and enhancing our operations, and Bob will
help us achieve this goal. He is a valuable addition to the team as we
broaden capacity, expand our product portfolio and strengthen our
broker, agent and client relationships. We're confident he will make a
substantial contribution."

Mr. Eells joins with over 30 years of experience in commercial insurance
operations. Prior to joining Validus, he focused on new products,
innovations and corporate acquisitions at XL Catlin. He previously held
increasingly senior roles at Catlin and worked at XL Group, Reliance
Insurance and Philadelphia Insurance. Mr. Eells holds a degree in
Business Administration from Temple University's Fox School of Business.

Commenting on the decision to join Validus Specialty, Mr. Eells added,
"This is an impressive company with an entrepreneurial mindset and a
reputation for skilled underwriting and outstanding service. I am
delighted to become part of this highly regarded insurance operation."

Validus Specialty Underwriters

Validus Specialty offers a wide range of E&S and Admitted insurance
solutions and operates on behalf of Western World Insurance Group and
Talbot Underwriting Ltd., through Syndicate 1183.

With the flexibility of offering ‘A' rated Lloyd's paper and ‘A' rated
U.S. domestic excess & surplus lines and admitted paper through Western
World insurance companies, Validus Specialty offers enhanced
distribution access, excellent technical underwriting and claims
management, and access to leading underwriting capacity.

About Validus Holdings, Ltd.

Validus Holdings, Ltd. (NYSE:VR) is a leading global provider of
reinsurance, insurance, and asset management services. Validus companies
maintain a worldwide presence with more than 1,000 employees in 17
offices. Learn more at validusholdings.com.

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