<?xml version="1.0" encoding="utf-8"?>
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:gen="http://xbrl.org/2008/generic" xmlns:label="http://xbrl.org/2008/label" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd http://xbrl.org/2008/generic http://www.xbrl.org/2008/generic-link.xsd http://xbrl.org/2008/label http://www.xbrl.org/2008/generic-label.xsd">
  <link:arcroleRef arcroleURI="http://xbrl.org/arcrole/2008/element-label" xlink:type="simple" xlink:href="http://www.xbrl.org/2008/generic-label.xsd#element-label" />
  <link:roleRef roleURI="http://www.xbrl.org/2008/role/label" xlink:type="simple" xlink:href="http://www.xbrl.org/2008/generic-label.xsd#standard-label" />
  <link:roleRef roleURI="http://www.xbrl.org/2008/role/verboseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/2008/generic-label.xsd#verbose-label" />
  <gen:link xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <link:loc xlink:type="locator" xlink:href="vr-IMO_bv0024.xml#boemd_IMO_bv0024" xlink:label="loc_boemd_IMO_bv0024" />
    <label:label xlink:type="resource" xlink:label="label_boemd_IMO_bv0024" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">R0010 (Undertaking name) and R0080 (Reporting submission date) must be entered.</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_boemd_IMO_bv0024" xlink:to="label_boemd_IMO_bv0024" />
    <label:label xlink:type="resource" xlink:label="label_boemd_IMO_bv0024_1" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/verboseLabel">R0010 (Undertaking name) and R0080 (Reporting submission date) must be entered.</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_boemd_IMO_bv0024" xlink:to="label_boemd_IMO_bv0024_1" />
  </gen:link>
</link:linkbase>