ITEM 8.01 OTHER EVENTS.

On October 3, 2012, Flagstone Reinsurance Holdings, S.A. ("Flagstone") issued a press release announcing that it has set the close of business on October 5, 2012 as the record date for an extraordinary general meeting of its shareholders. At the extraordinary general meeting, Flagstone shareholders will be asked to consider and vote upon a proposal to approve the previously announced Agreement and Plan of Merger dated as of August 30, 2012, among Flagstone, Flagstone Reinsurance Holdings (Bermuda) Limited ("Flagstone Bermuda"), Validus Holdings, Ltd. and Validus UPS, Ltd., the merger of Flagstone with and into Flagstone Bermuda and the First-Step Statutory Merger Agreement executed by Flagstone and Flagstone Bermuda. Shareholders will also be asked to consider and vote upon a non-binding advisory proposal to approve the compensation that may become payable to Flagstone's named executive officers in connection with the completion of the transaction. A copy of the press release is attached as Exhibit 99.1 to this report and is incorporated by reference in this Item 8.01.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits. Exhibit No. Description 99.1 Press Release, dated October 3, 2012, of Flagstone Reinsurance Holdings, S.A.

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