All the headlines from our Canopius Group Topic Page, ordered by recency.
Sep 17 2020 // Specialty insurer Canopius Group has appointed Lisa Davis to the new position of president and chief underwriting officer of Canopius USA, effective October 1.Davis joins Canopius from Sompo America Insurance Services,...
Jul 30 2020 // Canopius announced it has promoted Stephen Pike as head of Credit & Political Risk (CPR) team, part of the Credit, Political & Crisis (CPC) division, effective immediately.Pike joined Canopius as an underwriter in...
Jul 6 2020 // Canopius, the London-based specialty re/insurer, announced the launch of a set of cyber property products for medium-to-large corporations across all sectors across the globe.In light of the ever-evolving cyber threat, the...
Jun 29 2020 // Delos Insurance Solutions, a property insurtech managing general agent (MGA), has created a new insurance product with Canopius US Insurance designed to improve the homeowners insurance options for those living in wildfire...
May 26 2020 // Canopius announced the appointment of Craig Elliott as casualty underwriter for the region, effective May 4, 2020.He reports to Claudio Saita, head of Australia & Pacific, and is based in the company’s Sydney...
Mar 16 2020 // Canopius Group Ltd. has purchased a majority stake in Bermuda-based Multi-Strat Holdings Ltd.Financial details of the transaction were not disclosed. MultiStrat is a specialty reinsurance group that writes both prospective...
Nov 4 2019 // Canopius Group Ltd. announced the completion of Samsung Fire & Marine Insurance’s (SFMI) strategic investment in its business.The investment will support Canopius’s growth arising from the recent...
Oct 3 2019 // Canopius Group announced it has completed its acquisition of AmTrust at Lloyd’s.The merger provides Canopius with significant additional underwriting expertise and a broader product offering, creating a leading...
May 3 2019 // Canopius AG announced it has entered into a strategic partnership with Samsung Fire & Marine Insurance (SFMI). Under the terms of the transaction, SFMI will become a significant minority investor in Canopius.The...
Apr 30 2019 // Canopius, the London-based global specialty re/insurer announced it is opening an office in Sydney, Australia, as part of its commitment to expand in the Asia-Pacific region.Subject to regulatory approval, the local entity...
Apr 18 2019 // Canopius AG announced it has signed a definitive sale and purchase agreement to purchase AmTrust at Lloyd’s, a division of AmTrust Financial, subject to regulatory approval.Upon completion, which is expected in Q3...
Aug 31 2018 // Canopius announced it has signed a partnership with Anvil Underwriting Ltd., a credit and political risk managing general agent (MGA).The agreement is effective from Sept. 3 and will allow Anvil to underwrite credit...
Mar 14 2018 // Canopius AG announced that Laurie Davison has been appointed group chief operating officer, while Nigel Meyer has been named group chief financial officer.With 20 years’ experience in technology and insurance,...
Mar 9 2018 // The $952 million acquisition of Canopius from Sompo Holdings has been completed by a private equity consortium led by Centerbridge Partners, L.P., which includes private investment firm Gallatin Point Capital LLC.Having...
Sep 1 2017 // Japan’s Sompo Holdings Inc. announced it has agreed to sell Lloyd’s re/insurer Sompo Canopius AG to a private equity consortium led by Centerbridge Partners for $952 million.On completion of the purchase,...
Aug 8 2017 // Markel International, the the London-based specialist insurer and Markel Corp. subsidiary, has appointed Alex Holcroft as political risk underwriter in Singapore. He joins the existing trade credit and political risk team...
May 23 2017 // A.M. Best has placed under review with developing implications the financial strength rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of Zurich-based Sompo Japan Canopius Reinsurance...
Apr 24 2017 // Hamilton Re, the Bermuda-based platform of Hamilton Insurance Group, announced it has agreed to acquire the renewal rights to Canopius Underwriting Bermuda Ltd.’s excess casualty insurance book of business.The...
Mar 7 2017 // Sompo Canopius AG announced that its heavy industry team has secured additional capacity for its mining cover from Travelers Syndicate 5000 at Lloyd’s.This takes full capacity for the mining portfolio up to US$30...
Feb 13 2017 // Sompo Canopius Re announced the appointment of Christopher Gray as head of P&I reinsurance, effective immediately. Gray, who joins from Swiss Re, reports to Andy Gladwin, global head of marine treaty.Sompo Canopius Re...