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Omega increases stake in Syndicate 958

02 July 2009

Omega Insurance has increased its stake in Syndicate 958 through the acquisition of £45.7m ($74.9m) of the outstanding capacity in the syndicate not already owned by Omega.

Read more: Omega Insurance Syndicate 958 capacity

Bermuda-based Lloyd's syndicate-owner Omega Insurance has increased its stake in Syndicate 958 through the acquisition of £45.7m ($74.9m) of the outstanding capacity in the syndicate not already owned by Omega.

Last month Reactions reported that Omega submitted a proposal to acquire additional capacity up to...


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