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Validus makes $6.6m operating loss for H1 2010

Ship off beach in Bermuda

The Bermudan (re)insurer has recorded an operating loss of $6.6m for the six months ended 30 June 2010, compared with a net operating income of $210.8m for the same period in 2009.

Net income for the six months ended June 30, 2010 was $61.4m, or $0.48 per diluted common share compared with $232.5m, or $2.94 per diluted common share, for the six months ended June 30, 2009.

Net

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