Mark Byrne to take over at Omega
Bermuda insurer Haverford is to take a 25% stake in troubled Lloyd’s insurer Omega Insurance Holdings, with Haverford boss Mark Byrne taking the Omega chairman’s role.
Haverford is buying 60,240,964 of the common shares at a price of up to 83p per share, investing as much as £50m.
Omega's current chairman John Coldman will step down but remain on the board as a non
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