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WIKI ANALYSIS
Odyssey Re (NYSE:ORH) is an underwriter of reinsurance, providing a full range of property and casualty products on a worldwide basis. Odyssey offers both treaty and facultative reinsurance to property and casualty insurers and reinsurers and also writes insurance business. In 2008, Odyssey had gross premiums written of $2.3 billion and its shareholders’ equity as of 31 December 2008 was $2.8 billion.[1] Reinsurance represented 65.5% their gross premiums written, and primary insurance represented the remainder, or 34.5%.[2]
Odyssey was incorporated on 21 March 2001 in the state of Delaware and completed their initial public offering in June 2001.[3] Prior to the initial public offering, Odyssey was wholly owned by Fairfax Financial Holdings (FFH). As of 31 December 2008, Fairfax owned 70.4% of Odyssey's shares.[4]
References
- ↑ Odyssey's 2008 10-K, February 27, 2009
- ↑ Odyssey's 2008 10-K, February 27, 2009
- ↑ Odyssey's 2008 10-K, February 27, 2009
- ↑ Odyssey's 2008 10-K, February 27, 2009
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