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Record second quarter boosts Validus 1H net income of $291.9m

Bermudian carrier Validus has posted net income of $291.9m for the first six months of this year, turning around last year’s catastrophe-affected loss of $62.5m, as its financials were bolstered by a strong second quarter, which included details of its two new ventures – PaCRe and AlphaCat Re 2012 for the first time.

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