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Canopius target Omega blames Bermuda non-renewals for GWP drop in Q1 2012

Omega Insurance Holdings has reported that group gross written premium in the first three months of 2012 totalled $120.6m (Q1 2011: $129.4m).

The Lloyd's insurer said the decrease of $18.7m in GWP is attributable to non-renewal of third-party business in Bermuda, which has been offset by an increase in the group's share of gross written

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