Ex-Benfield chairman sinks £1mn into Omega
Quoted Lloyd's carrier Omega Insurance Holdings has received a twin boost with the news company chairman John Coldman has invested £1mn of his own money in the company while AM Best has lifted its negative watch.
Ex-Benfield chair Coldman was appointed chairman of Omega in March following a successful shareholder uprising led by Neil Woodford's Invesco, and until recently he held no company stock.
But a regulatory disclosure shows that Coldman has rectified this in grand style, buying 1.125mn shares...
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