Omega's in-house broker JP Morgan Cazenove has forecast that the Lloyd's (re)insurer will slump to a pre-tax loss of $94mn in 2011 and a further loss of $7mn in 2012 even if cat losses are within budget.
Omega's in-house broker JP Morgan Cazenove has forecast that the Lloyd's (re)insurer will slump to a pre-tax loss of $94mn in 2011 and a further loss of $7mn in 2012 even if cat losses are within budget.