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 GSCP V AIV, L.P. (the "Company")
does hereby make, constitute and appoint each of Roger S. Begelman, Yvette
Kosic, Andrea Louro DeMar, Felicia J. Rector, Michael T. Seeley, and Kevin
P. Treanor, (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 it 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 July 23, 2007.

GSCP V AIV, L.P.
By:  GS Advisors V AIV, LTD., its General Partner

By:  /s/ Christine Vollertsen
   ---------------------------
Name:  Christine Vollertsen
Title: Vice President

EX-24.2

                                                               Exhibit 24.2
                             POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS that GS CAPITAL PARTNERS V EMPLOYEE
FUND, L.P. (the "Company") does hereby make, constitute and appoint each of
Roger S. Begelman, Yvette Kosic, Andrea Louro DeMar, Felicia J. Rector,
Michael T. Seeley, and Kevin P. Treanor, (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 it 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 July 23, 2007.

GS CAPITAL PARTNERS V EMPLOYEE FUND, L.P.
By: GS Capital Partners V Employee Funds GP, L.L.C., its General Partner

By: /s/ Christine Vollertsen
   ---------------------------------
Name:  Christine Vollertsen
Title: Vice President

EX-24.3

                                                               Exhibit 24.3
                             POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS that GSCP V INSTITUTIONAL AIV, L.P. (the
"Company") does hereby make, constitute and appoint each of Roger S.
Begelman, Yvette Kosic, Andrea Louro DeMar, Felicia J. Rector, Michael T.
Seeley, and Kevin P. Treanor, (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 it 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 July 23, 2007.

GSCP V INSTITUTIONAL AIV, L.P.
By:  GS Advisors V AIV, LTD., its General Partner

By:  /s/ Christine Vollertsen
   ------------------------------------
Name:   Christine Vollertsen
Title:  Vice President

EX-24.4

                                                               Exhibit 24.4

                             POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS that GS PRIVATE EQUITY PARTNERS 1999,
L.P. (the "Company") does hereby make, constitute and appoint each of Roger
S. Begelman, Yvette Kosic, Andrea Louro DeMar, Felicia J. Rector, Michael
T. Seeley, and Kevin P. Treanor, (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 it 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 July 23, 2007.

GS PRIVATE EQUITY PARTNERS 1999, L.P.
By:  GS PEP 1999 Advisors, L.L.C., its General Partner

By: /s/ Jennifer Barbetta
   ---------------------------------
Name:  Jennifer Barbetta
Title: Authorized Signatory

EX-24.5

                                                               Exhibit 24.5

                             POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS that GS PRIVATE EQUITY PARTNERS 1999
OFFSHORE, L.P. (the "Company") does hereby make, constitute and appoint
each of Roger S. Begelman, Yvette Kosic, Andrea Louro DeMar, Felicia J.
Rector, Michael T. Seeley, and Kevin P. Treanor, (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 it 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 July 23, 2007.

GS PRIVATE EQUITY PARTNERS 1999 OFFSHORE, L.P.
By:  GS PEP 1999 Offshore Advisors Inc., its General Partner

By: /s/ Jennifer Barbetta
   --------------------------------
Name:  Jennifer Barbetta
Title: Authorized Signatory

EX-24.6

                                                               Exhibit 24.6
                             POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS that GS PRIVATE EQUITY PARTNERS 1999 -
DIRECT INVESTMENT FUND, L.P. (the "Company") does hereby make, constitute
and appoint each of Roger S. Begelman, Yvette Kosic, Andrea Louro DeMar,
Felicia J. Rector, Michael T. Seeley, and Kevin P. Treanor, (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 it
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 July 23, 2007.

GS PRIVATE EQUITY PARTNERS 1999 - DIRECT INVESTMENT FUND, L.P.
By:  GS PEP 1999 Direct Investment Advisors, L.L.C., its General Partner

By: /s/ Jennifer Barbetta
   -------------------------------------
Name:  Jennifer Barbetta
Title: Authorized Signatory

EX-24.7

                                                               Exhibit 24.7

                             POWER OF ATTORNEY


KNOW ALL PERSONS BY THESE  PRESENTS  that THE GOLDMAN  SACHS  GROUP,  INC.  (the
"Company")  does hereby make,  constitute and appoint each of Roger S. Begelman,
Yvette Kosic, Andrea Louro DeMar, 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 it 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 23, 2006.


THE GOLDMAN SACHS GROUP, INC.



/s/ GREGORY K. PALM
- ------------------------------------------------
GREGORY K. PALM
Executive Vice President and General Counsel

EX-24.8

                                                               Exhibit 24.8

                             POWER OF ATTORNEY


     KNOW  ALL  PERSONS  BY  THESE  PRESENTS  that  GOLDMAN,  SACHS  & CO.  (the
"Company")  does hereby make,  constitute and appoint each of Roger S. Begelman,
Yvette Kosic, Andrea Louro DeMar, 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 June 26, 2006.


GOLDMAN, SACHS & CO.



/s/  GREGORY K. PALM
- ----------------------------------
GREGORY K. PALM
Managing Director

EX-24.9

                                                               Exhibit 24.9

                             POWER OF ATTORNEY


     KNOW ALL  PERSONS BY THESE  PRESENTS  that GS  CAPITAL  PARTNERS V OFFSHORE
FUND,  L.P. (the  "Company")  does hereby make,  constitute  and appoint each of
Roger S. Begelman,  Yvette Kosic, Andrea Louro DeMar, 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 it 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 April 12, 2006.


GS CAPITAL PARTNERS V OFFSHORE FUND, L.P.
By: GSCP V Offshore Advisors, L.L.C., its General Partner


By:/s/ Adrian M. Jones
- -----------------------------------
Name:  Adrian M. Jones
Title: Managing Director

EX-24.10

                                                               Exhibit 24.10

                             POWER OF ATTORNEY


     KNOW ALL PERSONS BY THESE PRESENTS that GS CAPITAL PARTNERS V GMBH & CO. KG
(the  "Company")  does hereby  make,  constitute  and  appoint  each of Roger S.
Begelman, Yvette Kosic, Andrea Louro DeMar, 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 it 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 April 12, 2006.


GS CAPITAL PARTNERS V GMBH & CO. KG
By: GS Advisors V, L.L.C., its Managing Limited Partner


By:/s/ Adrian M. Jones
- -----------------------------------
Name:  Adrian M. Jones
Title: Managing Director