Omega says takeover discussons ongoing; reports doubling of FY profit
Bermudian-domiciled Lloyd’s (re)insurer Omega Insurance said takeover discussions were ongoing, although gave the market nothing to report.
Omega – which Reinsurance said yesterday may be the target of Bermudian reinsurer Harbor Point, reported a doubling of full-year pretax profit to $59.5m, up from $22.6m a year earlier.
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