Odyssey Re Holdings Corp. (NYSE: ORH) announces that its majority shareholder, Fairfax Financial Holdings Limited, has been informed by the New York Regional Office of the Securities and Exchange Commission that its investigation as to Fairfax has been completed, and that it does not intend to recommend any enforcement action by the Commission.
Odyssey Re Holdings Corp. is a leading worldwide underwriter of property and casualty treaty and facultative reinsurance, as well as specialty insurance. OdysseyRe operates through its subsidiaries, Odyssey America Reinsurance Corporation, Hudson Insurance Company, Hudson Specialty Insurance Company, Clearwater Insurance Company, Newline Underwriting Management Limited, Newline Asia Services Pte. Ltd. and Newline Insurance Company Limited. The Company underwrites through offices in the United States, London, Paris, Singapore, Toronto and Mexico City. Odyssey Re Holdings Corp. is listed on the New York Stock Exchange under the symbol, "ORH."
Contacts:
Odyssey Re Holdings Corp.
R. Scott Donovan, 203-977-0199
Chief
Financial Officer