Omega US suitor ‘on brink’ of due diligence
The unnamed US carrier that made a recent approach to Omega Insurance Holdings has requested to enter due diligence, The Insurance Insider understands.
The insurer in question is listed on the New York Stock Exchange, with a market capitalisation in excess of $1bn, according to one well-placed source.
The Insurance Insider also understands that - in contrast to the rival Omega suitor Canopius - the prospective buyer does not currently have a managing agency at Lloyd's.
Insiders are closely guarding...
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