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I would think mergers would lead to firmer pricing and this would be a good thing for ORH. I also wonder what ORH will do with their excess capital should the reinsurance hard market not live up to expectations (and if they realize a sizable portion of the equity gains)... Perhaps this will be discussed during the Q2 conference call.

 

http://www.royalgazette.com/siftology.royalgazette/Article/article.jsp?articleId=7d976b33003000d&sectionId=65 

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