EX-99.1

                                                               Exhibit 99.1

1. This statement is being filed by The Goldman Sachs Group, Inc. ("GS
Group"), Goldman, Sachs & Co. ("Goldman Sachs"), GSCP V AIV, L.P. ("GSCP V
AIV"), GS Capital Partners V Employee Fund, L.P. ("GSCP V Employee"), GS
Capital Partners V Offshore, L.P. ("GSCP V Offshore"), GS Capital Partners
V GmbH & Co. KG ("GSCP V Germany"), GSCP V Institutional AIV, L.P. ("GSCP V
Institutional"), GS Private Equity Partners 1999, L.P. ("PEP 1999"), GS
Private Equity Partners 1999 Offshore, L.P. ("PEP 1999 Offshore"), GS
Private Equity Partners 1999 -- Direct Investment Fund, L.P. ("PEP 1999
Direct"), GS Private Equity Partners 2000, L.P. ("PEP 2000"), GS Private
Equity Partners 2000 Offshore Holdings, L.P. ("PEP 2000 Offshore") and GS
Private Equity Partners 2000 -- Direct Investment Fund, L.P. ("PEP 2000
Direct" and, together with GSCP V AIV, GSCP V Employee, GSCP V Offshore,
GSCP V Germany, GSCP V Institutional, PEP 1999, PEP 1999 Offshore, PEP 1999
Direct, PEP 2000 and PEP 2000 Offshore, the "Limited Partnerships"), GS
Advisors V AIV, Ltd. ("GS Advisors V AIV"), GS Capital Partners V Employee
Funds GP, L.L.C. ("GSCP V Employee GP"), GS Advisors V, L.L.C. ("GS
Advisors V"), Goldman, Sachs Management GP GmbH ("GS Germany GP"), GS PEP
1999 Advisors, L.L.C. ("PEP 1999 GP"), GS PEP 1999 Offshore Advisors, Inc.
("PEP 1999 Offshore GP"), GS PEP 1999 Direct Investment Advisors, L.L.C.
("PEP 1999 Direct GP"), GS PEP 2000 Advisors, L.L.C. ("PEP 2000 GP"), GS
PEP 2000 Offshore Holdings Advisors, Inc., ("PEP 2000 Offshore GP") and GS
PEP 2000 Direct Investment Advisors, L.L.C. ("PEP 2000 Direct GP" and,
together with the Limited Partnerships, GS Group, Goldman Sachs, GS
Advisors V AIV, GSCP V Employee GP, GS Advisors V, GS Germany GP, PEP 1999
GP, PEP 1999 Offshore GP, PEP 1999 Direct GP, PEP 2000 GP and PEP 2000
Offshore GP, the "Reporting Persons").

3. Goldman Sachs and GS Group may be deemed to beneficially own indirectly,
in the aggregate, 14,057,137 common shares of Validus Holdings, Ltd. (the
"Issuer"), par value $ 0.175 per share (the "Common Shares"), and
1,604,410.1 warrants to purchase Common Shares ("Warrants") through the
Limited Partnerships, of which affiliates of Goldman Sachs and GS Group are
the general partner, managing general partner or managing limited partner.
Goldman Sachs is a direct and indirect wholly-owned subsidiary of GS Group.
Goldman Sachs is the investment manager of certain of the Limited
Partnerships. GS Group, Goldman Sachs and the Limited Partnerships share
voting power and investment power with certain of their respective
affiliates. Each of Goldman Sachs and GS Group disclaims beneficial
ownership of the securities reported herein, except to the extent of its
pecuniary interest therein, if any.

4. GSCP V AIV beneficially owns directly and its general partner, GS
Advisors V AIV, may be deemed to beneficially own indirectly 4,798,022
Common Shares and 638,459.4 Warrants. GSCP V Employee beneficially owns
directly and its general partner, GSCP V Employee GP, may be deemed to
beneficially own indirectly 1,550,787 Common Shares and 206,358.9 Warrants.
GSCP V Offshore beneficially owns directly and its general partner, GS
Advisors V, may be deemed to beneficially own indirectly 3,279,530 Common
Shares and 436,397.9 Warrants. GSCP V Germany beneficially owns directly
and its general partner, GS Germany GP, may be deemed to beneficially own
indirectly 251,708 Common Shares and 33,494.2 Warrants. GSCP V
Institutional beneficially owns directly and its general partner, GS
Advisors V AIV, may be deemed to beneficially own indirectly 2,177,093
Common Shares and 289,699.7 Warrants. PEP 1999 beneficially owns directly
and its general partner, PEP 1999 GP, may be deemed to beneficially own
indirectly 1,039,607 Common Shares. PEP 1999 Offshore beneficially owns
directly and its general partner, PEP 1999 Offshore GP, may be deemed to
beneficially own indirectly 166,143 Common Shares. PEP 1999 Direct
beneficially owns directly and its general partner, PEP 1999 Direct GP, may
be deemed to beneficially own indirectly 29,720 Common Shares. PEP 2000
beneficially owns directly and its general partner, PEP 2000 GP, may be
deemed to beneficially own indirectly 439,293 Common Shares. PEP 2000
Offshore beneficially owns directly and its general partner, PEP 2000
Offshore GP, may be deemed to beneficially own indirectly 154,627 Common
Shares. PEP 2000 Direct beneficially owns directly and its general partner,
PEP 2000 Direct GP, may be deemed to beneficially own indirectly 170,607
Common Shares. The number of Common Shares issuable upon exercise of the
Warrants as reported herein has been provided to the Reporting Persons by
the Issuer based on the Issuer's estimate of the total number of Common
Shares, Warrants and options to purchase Common Shares outstanding
immediately prior to the consummation of the Issuer's initial public
offering of Common Shares.

EX-24.1

                                                                    Exhibit 24.1
                                POWER OF ATTORNEY
                              --------------------


     KNOW ALL PERSONS BY THESE PRESENTS that GS PEP 2000 ADVISORS,  L.L.C.  (the
"Company")  does hereby make,  constitute and appoint each of Roger S. Begelman,
Yvette  Kosic,  John M.  O'Rourke,  Felicia J. Rector,  Michael T.  Seeley,  and
Stephen Wong, (and any other employee of The Goldman Sachs Group, Inc. or one of
its affiliates  designated in writing by one of the  attorneys-in-fact),  acting
individually,  its true and lawful attorney,  to execute and deliver in its name
and  on  its  behalf   whether  the  Company  is  acting   individually   or  as
representative of others, any and all filings required to be made by the Company
under the Securities Exchange Act of 1934, (as amended, the "Act"), with respect
to securities which may be deemed to be beneficially  owned by the Company under
the Act, giving and granting unto each said attorney-in-fact power and authority
to act in the  premises as fully and to all intents and  purposes as the Company
might or could do if personally  present by one of its  authorized  signatories,
hereby ratifying and confirming all that said attorney-in-fact shall lawfully do
or cause to be done by virtue hereof.

     THIS POWER OF ATTORNEY  shall  remain in full force and effect until either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.

     IN WITNESS  WHEREOF,  the undersigned has duly subscribed these presents as
of May 16, 2006.




GS PEP 2000 ADVISORS, L.L.C.



/s/ Jennifer Barbetta
- ------------------------------
Name:  Jennifer Barbetta
Title: Vice President

EX-24.2

                                                                    Exhibit 24.2
                                POWER OF ATTORNEY
                             -----------------------


     KNOW ALL  PERSONS  BY THESE  PRESENTS  that GS PEP 2000  OFFSHORE  HOLDINGS
ADVISORS,  INC. (the "Company") does hereby make, constitute and appoint each of
Roger S. Begelman, Yvette Kosic, John M. O'Rourke, Felicia J. Rector, Michael T.
Seeley,  and Stephen Wong,  (and any other  employee of The Goldman Sachs Group,
Inc.  or  one  of  its   affiliates   designated   in  writing  by  one  of  the
attorneys-in-fact),  acting  individually,  its true  and  lawful  attorney,  to
execute and deliver in its name and on its behalf  whether the Company is acting
individually or as representative of others,  any and all filings required to be
made by the Company under the Securities Exchange Act of 1934, (as amended,  the
"Act"),  with respect to securities which may be deemed to be beneficially owned
by  the   Company   under  the  Act,   giving  and   granting   unto  each  said
attorney-in-fact  power and authority to act in the premises as fully and to all
intents and purposes as the Company might or could do if  personally  present by
one of its authorized signatories, hereby ratifying and confirming all that said
attorney-in-fact shall lawfully do or cause to be done by virtue hereof.

     THIS POWER OF ATTORNEY  shall  remain in full force and effect until either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.

     IN WITNESS  WHEREOF,  the undersigned has duly subscribed these presents as
of May 16, 2006.





GS PEP 2000 OFFSHORE HOLDINGS ADVISORS, INC.



/s/ Jennifer Barbetta
- ---------------------------
Name:  Jennifer Barbetta
Title: Vice President

EX-24.3

                                                                    Exhibit 24.3
                               POWER OF ATTORNEY
                             ----------------------

     KNOW ALL  PERSONS  BY THESE  PRESENTS  that GS PEP 2000  DIRECT  INVESTMENT
ADVISORS,  L.L.C. (the "Company") does hereby make,  constitute and appoint each
of Roger S. Begelman, Yvette Kosic, John M. O'Rourke, Felicia J. Rector, Michael
T. Seeley, and Stephen Wong, (and any other employee of The Goldman Sachs Group,
Inc.  or  one  of  its   affiliates   designated   in  writing  by  one  of  the
attorneys-in-fact),  acting  individually,  its true  and  lawful  attorney,  to
execute and deliver in its name and on its behalf  whether the Company is acting
individually or as representative of others,  any and all filings required to be
made by the Company under the Securities Exchange Act of 1934, (as amended,  the
"Act"),  with respect to securities which may be deemed to be beneficially owned
by  the   Company   under  the  Act,   giving  and   granting   unto  each  said
attorney-in-fact  power and authority to act in the premises as fully and to all
intents and purposes as the Company might or could do if  personally  present by
one of its authorized signatories, hereby ratifying and confirming all that said
attorney-in-fact  shall lawfully do or cause to be done by virtue  hereof.

     THIS POWER OF ATTORNEY  shall  remain in full force and effect until either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.

     IN WITNESS  WHEREOF,  the undersigned has duly subscribed these presents as
of May 16, 2006.

GS PEP 2000 DIRECT INVESTMENT ADVISORS, L.L.C.

/s/ Jennifer Barbetta
- ----------------------------
Name:  Jennifer Barbetta
Title: Vice President