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Omega announces unchanged syndicate forecast

Omega Underwriting has announced an unchanged forecasts for Syndicate 958 for the 2003 and 2004 years of account. The Syndicate’s 2005 account is expected to be profitable

The company said that the business underwritten in 2005 afforded the prospect of good margins. Prior to Hurricane Katrina, Syndicate 958 had experienced a low level of losses in 2005. The estimate of

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