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 Lloyd’s insurer of increased scale and enhanced relevance to its clients …
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 2019, the deal will result in the …
China Re Corp. announced the launch of a renewable energy consortium at Lloyd’s, focused on project specific reinsurance for the construction and operation of offshore wind farms in mainland China. China Re’s Syndicate 2088 manages and co-leads the consortium along …
Sompo Canopius has appointed Mark Newman as chief executive officer Sompo Canopius Asia Pacific, Middle East and North Africa. He is based in the Singapore office, reporting to Mike Duffy, chief underwriting officer. Newman has 30 years in insurance and …
Sompo Canopius* AG has appointed Paul Kedney as chief commercial officer. Kedney will join the group’s executive committee and work closely with Stuart Davies, group chief executive officer, and Mike Duffy, group chief underwriting officer. Previously actuarial and risk director …
Sompo Canopius AG and Mexico’s Grupo Nacional Provinical SAB formed a strategic partnership. This arrangement will help both parties to develop new business and insurance products for the Mexican market, “capitalizing on GNP’s position as a leading domestic insurer and …
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. It is also making some changes to its …
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 …
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 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 …
