Omega Underwriting Agents Ltd

Current Syndicates - 958
Other Syndicates of Interest

09 September 1999Omega review 1999 Business Plan for Syndicate 958
Following a review of their 1999 Business Plan, the following major categories have been revised to take account of current market trends, although this does not affect the Syndicate's overall estimates.

Syndicate 958 - Premium Income

Accident & Health reduced by £250,000 to £250,000
Motor reduced by £500,000 to £2,000,000
Non Marine General Liability reduced by £250,000 to £500,000
Non Marine Property Damage reduced by £5,022,000 to £7,000,000
Whole Account Excess of Loss reduced by £5,986,000 to £13,500,000

Due to these revisions, the outward reinsurance premiums will be increased by £600,000.

 
 

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