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Omega to list on AIM

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LONDON—Omega Underwriting Holdings P.L.C. announced that it has applied for shares in Omega Insurance Holdings Ltd. to be listed on London's Alternative Investment Market.

Omega said it is anticipated that shares in the company will begin trading on AIM on November 9, and that shares in Omega Underwriting Holdings will be cancelled at that time.

In September, London-based Omega, which operates at Lloyd's of London and in the United States, said it would set up a new Bermuda-based holding company—Omega Insurance Holdings, to help it grow and develop its business.