Latest Canopius Group Headlines
All the headlines from our Canopius Group Topic Page, ordered by recency.
Sompo Canopius Announces a Simplified Organizational Structure
Feb 9 2016 // Sompo Canopius AG has announced a number of changes to its organizational structure. The company is simplifying its underwriting management and structure to enhance cohesiveness and focus on profitability across the group....
People – West
Jan 11 2016 // H.W. Kaufman Financial Group, headquartered in Detroit/Farmington Hills, Mich., named Wayne Bates president of Atain Insurance Cos. and corporate senior vice president of Kaufman Financial Group. Bates joins Atain...
Canopius Adds Breen to U.S. Direct Property Team in New York
Jan 6 2016 // Canopius Group AG, a Zurich-based global specialty lines platform of Sompo Japan Nipponkoa Insurance, has hired Ivan Breen as senior vice president of its U.S. Direct Property team. Breen is based in New York and will...
Canopius Group Appoints Lobo as Head of Upstream Oil & Gas Engineering
Dec 7 2015 // Zurich-headquartered Canopius Group AG announced the appointment of Francis Lobo as head of Upstream Oil and Gas Engineering, effective immediately. Lobo will report to Steve Warren, Group Head of Energy & Engineering,...
Sompo Japan Canopius Re Gets ‘A’ Rating; to Begin Writing Business on Jan. 1
Nov 30 2015 // A.M. Best has assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a+” to Sompo Japan Canopius Reinsurance AG, a wholly owned subsidiary of Canopius Group AG. The outlook...
Canopius Appoints Bailey as Global Head of Accident & Health
Oct 13 2015 // Canopius Group AG* announced the appointment of Scott Bailey as global head of Accident & Health, effective immediately. Bailey will lead the development of Canopius’s global A&H strategy as part of the...
Canopius Appoints Turner as Head of Specie
Oct 2 2015 // Canopius Group* AG today announces the appointment of Philip Turner as head of specie, effective immediately. Turner joins from Marsh where he has led its specie practice for the past 20 years. He will report to Joyce...
Canopius & Sompo Form Global Reinsurance Unit, Sompo Canopius Re
Sep 14 2015 // Canopius Group AG* announced the formation of an integrated global business unit to manage the assumed reinsurance business previously written separately by Canopius and Sompo Japan Nipponkoa Insurance Inc. The business...
AEGIS London’s Managing Director Moves to Canopius as Group CEO
May 21 2015 // AEGIS London announced that Stuart Davies, the company’s managing director, has resigned to take up the group CEO role at Canopius. At Canopius, Davies succeeds Michael Watson who remains the company’s...
Duffy Takes Helm at Canopius in U.S.; Bird, Fowles Promoted
Apr 20 2015 // Canopius Group Limited, the global specialty insurance and reinsurance unit of Sompo Holdings, has made changes to its U.S. management line-up, including naming Mike Duffy as executive chairman of U.S....
Giordano to Retire as Executive Chairman of Canopius US
Mar 25 2015 // Canopius Group Limited, the global specialty (re)insurance platform of Sompo Holdings, announced that James (Jim) Giordano, Executive Chairman of Canopius US Holdings, will retire from the Group on June 30, 2015. The...
Canopius Expands U.S. Business, Adds Ironshore’s Winfield
Jan 29 2015 // Canopius Group Limited, the global specialty insurance and reinsurance platform of Sompo Holdings, is expanding its its U.S. operations with the appointment of Bradley Winfield as head of U.S. Direct Property. Bradley...
Japanese Specialty Reinsurer Canopius Expands U.S. Footprint
Sep 10 2014 // Canopius Group Limited, the global specialty (re)insurance platform of Sompo Japan Nipponkoa Holdings Inc., said it is expanding its U.S. presence with the launch of Canopius Underwriting Agency Inc. (CUAI). Based in New...
Ratings Recap: Frankenmuth, Sooner, Tokio Marine America, Kingstone, Canopius U.S., HDI-Gerling America
May 28 2014 // A.M. Best has revised the outlook to stable from negative and affirmed the issuer credit ratings (ICR) of “a+” of Frankenmuth Mutual Insurance Company and its affiliates, Ansur America Insurance Company,...
Worldwide Facilities Partners with Beazley, Canopius to Offer Energy Insurance
May 27 2014 // Worldwide Facilities, Inc. has formed a strategic partnership with the Canopius and Beazley Lloyd’s of London syndicates to provide a new underwriting platform for land-based oil and gas lease operators. Products...
Best Places Canopius US Insurance Under Review
Dec 23 2013 // A.M. Best Co. has placed under review with developing implications the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Delaware-based Canopius US Insurance, Inc....
Tower Says Its Sale of Stake in Canopius Lessens Liquidity Concerns
Dec 18 2013 // Tower Group International Ltd. said that it has paid $70 million that was outstanding to its Bank of America credit facility using proceeds from the sale of a stake in Canopius Group Limited. Tower Group, Inc., a wholly...
Sompo Japan to Buy UK Insurer Canopius in Overseas Expansion Drive
Dec 18 2013 // Sompo Japan Insurance Inc., a unit of Japan’s third-largest casualty insurer group by market value, confirmed earlier reports that it will buy Canopius Group Ltd. of the U.K. for 99.2 billion yen ($963 million) as it...
Sompo Japan Considers Acquisition of U.K.’s Canopius Group
Dec 16 2013 // Sompo Japan Insurance Inc., a unit of Japan’s third-largest casualty insurer group by market value, is considering buying the U.K.’s Canopius Group Ltd. as it continues an overseas expansion. The acquisition is...
Best Affirms Ratings of Canopius US; Removes From Under Review
Apr 22 2013 // A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating of ‘A’- (Excellent) and issuer credit rating of “a-” of Delaware-based Canopius US...
