Canopius Group News

Samsung Fire & Marine Insurance Finalizes Strategic Investment in Canopius

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 acquisition of AmTrust at Lloyd’s and merger with its own Lloyd’s interests, …

Canopius Group Appoints Lobo as Head of Upstream Oil & Gas Engineering

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, and will be working with the company’s team …

Sompo Japan Canopius Re Gets ‘A’ Rating; to Begin Writing Business on Jan. 1

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 assigned to both ratings is stable. …

Canopius Appoints Bailey as Global Head of Accident & Health

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 group’s broader ambitions for profitable growth in specialty …

Canopius Appoints Turner as Head of Specie

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 Webb, group head …

Canopius & Sompo Form Global Reinsurance Unit, Sompo Canopius Re

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 unit will be led by a single management team …