Item 8.01 Other Events.

On December 24, 2009, Validus Holdings, Ltd. (the "Company") entered into a written stock purchase plan under Rule 10b5-1 (the "Plan") under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), to facilitate the continuing repurchase by the Company of its common shares (the "Common Shares") pursuant to the Company's existing share repurchase program. As previously announced, on November 4, 2009 the Board of Directors of the Company approved a share repurchase program, authorizing the Company to repurchase up to $400 million of its Common Shares.

The Plan provides that a broker selected by the Company has the authority to repurchase Common Shares at prevailing market prices on the New York Stock Exchange, any national securities exchange, in the over-the-counter market, on an automated trading system or otherwise, pursuant to the terms of and subject to the limitations specified in the Plan. The Plan will allow the Company's broker to repurchase Common Shares on behalf of the Company during the Company's closed trading period imposed in connection with the Company's 2009 year-end earnings release, to the extent such purchases are permitted pursuant to Regulation M under the Exchange Act and other applicable securities laws. There can be no assurance that any Common Shares will be repurchased by the Company either through the Plan or otherwise.

The Company may amend or modify the Plan at any time, so long as, among other things, the amendment or modification is made in good faith and not as a part of a plan or scheme to evade the prohibitions of Rule 10b-5 under the Exchange Act, or other applicable securities laws.

---

Top of the Form