Omega Insurance Holdings Limited is a Bermuda domiciled international insurance and reinsurance group listed on the Main Market of the London Stock Exchange (Symbol “OIH”), with business operations in Bermuda, London, Chicago and Cologne. The Group underwrites a predominantly short-tail property insurance and reinsurance account, with a focus on insuring small to medium sized insureds and reinsuring smaller insurance companies.
Omega has achieved superior results in its business performance over the long-term by capitalising on its key strengths:
A history of profitable underwriting
- Consistent market out-performance across the insurance cycle
Optimal corporate and operational structure
- Supports our strategy as an international insurance and reinsurance business
- Structure is efficient both financially and operationally
- Ability to access business directly in Bermuda and the US as well as accessing the benefits of the subscription market at Lloyd’s
Short-tail diversified business
- Core short-tail, diversified, property orientated insurance and reinsurance
- Small to medium sized insureds with whom we have built long-standing track records
Prudent capital management
- Underwriting for gross profit
- Conservative approach to risk management with prudent use of reinsurance
- Conservative investment philosophy has ensured a strong and liquid balance sheet
Long term business relationships
- Majority of premiums including those through Bermuda and the US written through long-standing relationships
- New operating platforms extending these relationships
Experienced and talented team
- Highly experienced management and underwriting team enhanced by new appointments in existing and developing operating platforms
- Talented and proven underwriting team