Reinsurance News
Canopius Group
Canopius adds Zhang as Head of Claims & Chiu as Regional Strategy & Transformation Lead, APAC
19th May 2025
Canopius Group, a global specialty and P&C insurer and reinsurer, has appointed Chen Zhang as Head of Claims and Channing Chiu to a newly created role of Regional Strategy and Transformation Lead in its Asia Pacific (APAC) leadership team. Zhang stepped into the role on May 5th, 2025, and Chiu’s appointment ... Read the full article
Canopius appoints Andrew Ziolkowski as Head of ANZ
14th April 2025
Canopius Group, a global specialty and P&C insurer and reinsurer, has appointed Andrew Ziolkowski as its new Head of Australia and New Zealand (ANZ), effective October 25th, 2025. He succeeds Craig Elliot, who has served as interim head of the Australia business since December 2024. Elliot will continue at Canopius as ... Read the full article
Canopius appoints Candace Steele as Group Risk Director
18th March 2025
Canopius Group, a global specialty and P&C insurer and reinsurer, has announced the appointment of Candace Steele as Group Risk Director, tasked with coordinating the company’s risk framework. She will lead the Group Risk function and work in collaboration with the Business Unit CROs to enrich Canopius’ global approach to risk. The ... Read the full article
Canopius reports 90.2% CoR as premiums rise to $3.5bn in 2024
12th March 2025
Specialty and P&C insurer and reinsurer Canopius has reported a group undiscounted combined ratio of 90.2% for full year 2024, up on 2023’s 88.7%, while insurance contract written premium increased by 26% year on year to $3.53 billion, compared to FY’23’s $2.8 billion. Canopius explains that the 26% premium growth witnessed ... Read the full article
Canopius expands Paul Hackett’s role to Regional Head of Distribution, APAC
5th March 2025
Global specialty and property and casualty insurer and reinsurer, Canopius Group, has expanded Paul Hackett's role to include serving as the Regional Head of Distribution for Asia Pacific (APAC), effective March 1st, 2025. Hackett currently serves as the Head of Marine for APAC and Middle East & North Africa (MENA), and ... Read the full article
Hitesh Patel to succeed Paul Meader as Chair of Canopius Managing Agents
27th January 2025
Hitesh Patel has been appointed as the new Chair of Canopius Managing Agents (CMA), by Canopius Group, a global specialty and property and casualty (P&C) re/insurer, effective April 1st, 2025, subject to regulatory approval. Patel takes over from Paul Meader, who made significant contributions to the company, having served as an ... Read the full article
Canopius appoints Olivia Brindle as Head of Sustainability
18th December 2024
Global specialty and P&C re/insurer Canopius Group has announced the appointment of Olivia Brindle as Head of Sustainability. In her new role, Brindle will report to Lindsay Astor, Chief of Staff and Head of Strategy. She will lead Canopius’ sustainability initiatives, ensuring a cohesive strategy that advances the company’s role in ... Read the full article
WNS and Canopius extend strategic partnership
9th December 2024
WNS, a digital-led business transformation and services partner, has extended its transformation-led strategic engagement with specialty and P&C lines re/insurer, Canopius Group. Through this collaboration, WNS aims to strengthen Canopius' existing partnerships by integrating proprietary, technology-led solutions which will enhance operations, foster innovation, and drive market differentiation. Furthermore, WNS will collaborate with ... Read the full article
Canopius’ net insurance revenue climbs 24% to $980m in H1
12th August 2024
Specialty and P&C re/insurer Canopius Group has revealed that its net insurance revenue for H1 2024 was $980 million, up 24% from the same period of 2023, while its net combined ratio (discounted) improved to 85.4%. Meanwhile, the firm's insurance contract written premium figure in H1 2024 was $1.84 billion, up ... Read the full article
Canopius appoints Chris Getty as new cyber underwriter
18th June 2024
Canopius Group, a global specialty and property and casualty (re)insurer, has announced the immediate appointment of Chris Getty as Cyber and Technology Underwriter. Getty will enhance Canopius’ cyber and technology capabilities and will report directly to Mike Shen, Head of Cyber & Technology for the London Market. Shen added: “Chris is a ... Read the full article
Canopius bolsters cyber offering through partnership with Group-IB
15th April 2024
Global specialty re/insurer, Canopius Group, has entered into a partnership with Group-IB, a creator of cybersecurity technologies, which is set to strengthen Canopius’ cyber insurance offering with further advanced threat intelligence capabilities. With this being Group-IB’s first full-service partnership with a Lloyd’s of London syndicate, this collaboration between the two firms ... Read the full article
Canopius hires AIG’s Soon Keen Lee as CEO of APAC and MENA
4th April 2024
Global specialty and P&C insurer and reinsurer, Canopius Group, has hired Soon Keen Lee as Chief Executive Officer (CEO) of Asia Pacific (APAC) and Middle East & North Africa (MENA), reporting to Canopius Group CEO Neil Robertson. The appointment, which sees Lee join the Canopius Group Leadership Team, remains subject to ... Read the full article
Canopius reports strongest underwriting result in history for 2023
12th March 2024
Global specialty and P&C (re)insurer Canopius Group has revealed its profit after tax for 2023 reached $363 million, up from $129 million in 2022, with a combined ratio for the year of 88.7%. Canopius' insurance contract written premium also increased in 2023 to $2.8 billion, marking a rise of 22% from ... Read the full article
AM Best amends Canopius subsidiaries outlooks to stable
8th February 2024
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Canopius US and Canopius Re, wholly owned subsidiaries of Canopius Group. According to AM Best, the ratings reflect Canopius’ balance sheet strength, ... Read the full article
Canopius strengthens medical professional liability division with Minetti’s addition
7th February 2024
Specialty re/insurer Canopius Group has announced the appointment of Valentina Minetti as Head of Medical Professional Liability (MPL), effective immediately. Minetti brings to her new role nearly 30 years of healthcare lines and actuarial experience, joining from Coverys Syndicate 1975 where she most recently served as Active Underwriter. Prior to this, ... Read the full article
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