Lloyd's Omega latest player to open in Bermuda
Omega Underwriting has announced a £90m share placing aimed at raising funds to open a new Bermudian subsidiary.
The Lloyd's (re)insurer, which manages syndicate 958, has received approval to increase its market capacity from £225m to £250m in 2006. Omega added it had suffered a negligible impact from the 2005Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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