Typhoon Hagibis Likely to Cause Earnings Event for Japan’s Insurers: Fitch October 29, 2019 Typhoon Hagibis is likely to be an earnings event for Japan’s three main non-life insurance groups, MS&AD Insurance Groups Holdings,...
Centerbridge-Led Consortium Completes $952M Acquisition of Canopius from Sompo March 9, 2018 The $952 million acquisition of Canopius from Sompo Holdings has been completed by a private equity consortium led by Centerbridge...
Japan’s Sompo Holdings to Sell Sompo Canopius for $952M to Centerbridge September 1, 2017 By L.S. Howard Japan’s Sompo Holdings Inc. announced it has agreed to sell Lloyd’s re/insurer Sompo Canopius AG to a private equity consortium...
Brave New World: 1st Reinsurance Product Heads to the Blockchain June 9, 2017 By L.S. Howard Second of Two Articles There has been a lot of press – and perhaps hype – about blockchain and its...
Sompo Develops Nat Cat Model for NW Australia Offshore Oil & Gas Installations May 17, 2017 Sompo Japan Nipponkoa Insurance Inc. (SJNKI) and Sompo Canopius AG are launching a natural catastrophe risk model for north-west Australia...
Blockchain Insurance Industry Initiative B3i Grows to 15 Members February 6, 2017 By L.S. Howard The Blockchain Insurance Industry Initiative B3i, which was launched in October 2016 to explore the potential use of distributed ledger...
Sompo Launches Model to Evaluate Wind Farm Risks May 31, 2016 The Sompo group companies have launched a model for evaluating risks to onshore and offshore wind farms. The model, which...
Sompo Canopius Announces a Simplified Organizational Structure February 9, 2016 Sompo Canopius AG has announced a number of changes to its organizational structure. The company is simplifying its underwriting management...
Sompo Japan Canopius Re Gets ‘A’ Rating; to Begin Writing Business on Jan. 1 November 30, 2015 A.M. Best has assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a+” to Sompo...
Canopius Appoints Bailey as Global Head of Accident & Health October 13, 2015 Canopius Group AG* announced the appointment of Scott Bailey as global head of Accident & Health, effective immediately. Bailey will...