Full-yr Highlights

•Gross rates written for the 12 months ended December 31, 2014 have been $2,363.3 million compared to $2,401.1 million for the year ended December 31, 2013, a lower of $37.eight million, or 1.6 percent.

•internet premiums earned for the yr ended December 31, 2014 had been $2,002.4 million compared to $2,102.0 million for the yr ended December 31, 2013, a lower of $ninety nine.6 million, or 4.7 percentage.

•Underwriting income for the 12 months ended December 31, 2014 was $526.nine million compared to $604.9 million for the 12 months ended December 31, 2013, a lower of $78.zero million, or 12.9 percentage.

•mixed ratio for the yr ended December 31, 2014 become 73.7% which blanketed $252.2 million of favorable loss reserve development on earlier accident years, benefiting the loss ratio by using 12.6 percentage points compared to a mixed ratio for the 12 months ended December 31, 2013 of 71.2 percentage which covered $205.four million of favorable loss reserve development on prior twist of fate years, reaping rewards the loss ratio by nine.8 percent points.

•internet operating earnings to be had to Validus for the year ended December 31, 2014 was $486.five million in comparison to $589.four million for the 12 months ended December 31, 2013, a decrease of $103.zero million, or 17.5 percent.

•internet earnings to be had to Validus for the yr ended December 31, 2014 become $481.3 million compared to $532.7 million for the year ended December 31, 2013, a decrease of $fifty one.3 million, or nine.6 percent.

•go back on common fairness of 13.1 percentage and internet operating return on average equity of 13.2 percent for the 12 months ended December 31, 2014 compared to 14.zero percentage and 15.five percent, respectively, for the yr ended December 31, 2013.