Canopius swoops on TMK to builds out accident and health teamLloyd’s carrier Canopius has made a flurry of hires to its accident and health business, adding four former Tokio Marine Kiln underwriters to its roster.
Lloyd’s imposing capital loads on 2019 syndicatesThe expectation is growing that Syndicates trading in 2019 will do so with higher capital requirements compared to this year and in many cases with reduced top-lines.
Flagship Canopius syndicate to cut 2019 gross premiums by £80mnTop-ten Lloyd’s insurer Canopius will cut gross premiums by £80mn for its flagship Syndicate 4444 for 2019 as further evidence of the Corporation’s determination to de-leverage the market after the decline in overall performance levels in recent years.
Canopius names Phoon’s replacement in AsiaCanopius has named Natt Wattanaumphaipong Asia Pacific head of reinsurance.
Canopius: Hurricane Florence an ‘earnings’ eventTop-ten Lloyd’s insurer Canopius has today said the impact of Hurricane Florence was likely to be an “earnings event” for its flagship Syndicate 4444.
Canopius parts ways with Asia CEO PhoonThe chief executive officer of Canopius Asia, Linus Phoon, has left the carrier, Re-Insurance can reveal.
Canopius swoops on Chubb to strengthen credit and political risk teamTop ten Lloyd’s insurer Canopius has appointed Sean Redden as underwriting counsel for its specialty division, with a focus on credit and political risk.
Canopius exits professional indemnity and financial institutionsLloyd’s insurer Canopius is pulling out of its professional indemnity (PI) and financial institutions (FI) business lines in London, re-Insurance.com can reveal.
Canopius hires Ott to lead European reinsuranceLloyd’s insurer Canopius has continued to bolster its executive management team with the hiring of Emirates Re executive Stephan Ott as head of continental European reinsurance.
Canopius takes Aspen duo to bolster Singapore teamCanopius has plucked Yann Marmonier and Paul Hackett from Aspen as it builds out its team in Singapore.
AM Best in talks with Canopius to resolve “under review” stanceAM Best expects to resolve its “under review” status of the Swiss and US subsidiaries of Canopius in the next few weeks following the completion of the Lloyd’s insurer’s $952mn buy-out.
Canopius takes Brit exec Meyer and hires COOBrit COO Nigel Meyer has left the company after seven years to join the newly-private again Canopius as its CFO.
Sompo the driving force behind Canopius $952mn MBOThe private equity-backed management buyout of Canopius that completed on Friday was pushed for by Japanese owner Sompo, the Lloyd’s carrier’s chairman Michael Watson has confirmed.
Canopius completes $952mn Centerbridge backed MBOCanopius has once again become an independent, privately owned (re)insurer following the completion of its $952mn private equity-backed MBO.
Canopius names Duffy managing agency CEOLloyd’s carrier Canopius has named group chief underwriting officer (CUO) Mike Duffy as its new CEO as the company’s private-equity-backed management buyout nears completion.
Canopius adds US professional lines execCanopius has added to its US management and professional lines team with the appointment of William Kelly as senior vice president.
CII names Lloyd's CEO as new presidentLloyd’s CEO, Inga Beale, has been announced as the 121st president of the Chartered Insurance Institute (CII) at the professional body’s Annual General Meeting held in London today.