Latest Canopius Group Headlines

All the headlines from our Canopius Group Topic Page, ordered by recency.

Tower Group Updates Figures on Merger Status with Canopius

Jan 17 2013 // Tower Group announced that it has received all required insurance regulatory approvals for its merger agreement with Canopius Holdings Bermuda Limited (CHBL). In addition the bulletin said that Tower Group “is...

Canopius’ Chief Inga Beale Stresses ‘Client Focus’ for European Success

Nov 8 2012 // Lloyd’s has a good reputation in Europe, but managing agents need to become more client focused to be successful on the continent, explained Inga Beale, Group Chief Executive at Canopius Group Ltd. in an article on...

Best Sees No Change In Tower Group Ratings from Canopius Merger

Aug 6 2012 // A.M. Best Co. has commented that the issuer credit rating (ICR) and debt ratings of Tower Group, Inc. (TWGP), as well as the financial strength rating and ICRs of its insurance subsidiaries are unchanged. Best made the...

Tower Group Announces Strategic Investment in Lloyd’s Canopius

Apr 26 2012 // Tower Group announced that it has committed to invest $75 million (based on the current exchange rate) in Canopius Group, Ltd., a privately owned Lloyd’s insurance holding company domiciled in Guernsey, Channel...

Canopius to Buy Lloyd’s Omega Insurance for $265 Million; Tower in Related Deal

Apr 26 2012 // Lloyds of London insurer Canopius said it has agreed to buy rival Lloyd’s insurer Omega after raising its offer to £164 million ($265.6 million) in a recommended cash deal. Canopius said on Wednesday it will pay 67...

Canopius Launches Swiss Reinsurance Operation; Seeks Omega Deal

Jan 10 2011 // Canopius Group Limited, a privately owned Lloyd’s re/insurer, has announced its intention to “extend its international footprint with the establishment of a reinsurance underwriting platform, Canopius Europe,...

S&P Sees No Rating Change in Canopius Acquisition of Creechurch

Oct 26 2006 // Standard & Poor’s Ratings Services said that its “interactive Lloyd’s Syndicate Assessment (LSA) of ‘2+/Stable’ on Canopius Managing Agents – Syndicate 4444 and its public...