QUOTE AND NEWS
Insurance Journal  Feb 10  Comment 
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Odyssey Reinsurance Group, based in Wilmington, Del., and its members. Best also affirmed the ICR of “bbb” and...
WA Business News  Mar 18  Comment 
Mining and engineering services company ORH will boost its cash reserves by $2 million following the sale of a Port Hedland property.
WA Business News  Mar 15  Comment 
Belmont-based ORH has terminated its proposed acquisition of private mining services company Resco, which it flagged last month along with a $23.5 million capital raising.
WA Business News  Feb 9  Comment 
Belmont-based ORH has flagged a $23.5 million capital raising as part of a condition to acquire private mining services company ResCo.
newratings.com  Oct 13  Comment 
NEW YORK, October 9 (newratings.com) - Analysts at RBC Capital Markets downgrade OdysseyRe (ticker: ORH) from "outperform" to "sector perform." [more]
Stock Blog Hub  Sep 21  Comment 
Late last Friday, Fairfax Financial Holdings (FFH) announced it had raised its offer to buy the remaining shares of Odyssey Re Holdings (ORH) it did not already own. The new $65 per share offer -- a roughly $1 billion deal -- marks the exact...
Marketwire  Sep 18  Comment 
NEW YORK, NEW YORK and TORONTO, ONTARIO -- (Marketwire) -- 09/18/09 -- (Note: All dollar amounts in this press release are expressed in U.S. dollars.) Fairfax Financial Holdings Limited (TSX: FFH)(NYSE: FFH) and Odyssey Re Holdings Corp. (NYSE: ORH)
WA Business News  Sep 14  Comment 
The Domenic Martino-chaired mining and engineering services company ORH has secured a $7.5 million equity and debt deal with Helmsman Funds Management.
Insurance Journal  Sep 11  Comment 
Standard & Poor's Ratings Services has assigned its 'BBB+' senior debt rating on W.R. Berkley Corp.'s proposed issue of approximately $300 million senior unsecured notes, which are due in 2019. ...
Insurance Journal  Sep 9  Comment 
Fairfax Financial Holdings Ltd. said Tuesday it will sell $1 billion in stock to fund the purchase of the Odyssey Re Holdings Corp shares that it does not already own. [IJ Note: Neither Standard & ... Copyright 2009 Reuters. Click for Restrictions.




 
TOP CONTRIBUTORS

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

  1. Odyssey's 2008 10-K, February 27, 2009
  2. Odyssey's 2008 10-K, February 27, 2009
  3. Odyssey's 2008 10-K, February 27, 2009
  4. Odyssey's 2008 10-K, February 27, 2009
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