Reinsurance News

Canopius Group

Canopius strengthens in APAC with Professional Lines hire

18th January 2024

Global specialty re/insurer Canopius Group has appointed Robert Barnum as Underwriter - Professional Lines, Australia, & Asia-Pacific, based in Sydney. This appointment underscores Canopius' commitment to the ongoing expansion of its presence in the Asia-Pacific (APAC) region, with plans to spearhead the establishment and development of the regional Professional Lines business. In ... Read the full article

Canopius launches new investment management product

17th January 2024

Global specialty (re)insurer Canopius Group has launched a new investment management product for asset managers. According to Canopius, this new product has been developed to respond to shifts in the risk landscape in the "highly regulated" asset management sector, offering protection for asset managers from a range of financial liabilities. The firm ... Read the full article

Mark Newman becomes Canopius Group UK CEO

14th November 2023

Specialty re/insurer, Canopius Group, has announced the appointment of Mark Newman as Chief Executive Officer (CEO) for the UK, with interim UK CEO Kate Roy to step down from the position on December 31st, 2023, and retain her role as Group Chief Operating Officer (COO). Newman is to take up his ... Read the full article

Canopius grows cannabis insurance offerings in transportation and distribution

13th November 2023

Canopius Group, a global specialty lines re/insurer, has expanded its cannabis insurance product, now covering transportation of cannabis products from cultivation to distribution. The re/insurer started to underwrite cannabis-exposed risks in April 2023. This offering is for privately owned and not-for-profit organisations in US states where medical and recreational adult-use ... Read the full article

Canopius strengthens APAC team with strategic senior appointments

21st September 2023

Global specialty re/insurer Canopius Group has announced the appointment of Lucy Lumb as Underwriter, Property Coverholder and Delegated Authority, and Trisha Urquhart as Underwriter, Accident & Health. The new additions bolster the firm's local underwriting capability, as the team looks to expand its presence in Australia. Lumb brings over 19 years of ... Read the full article

Canopius enters domestic US Excess Casualty market

19th September 2023

Specialty insurer and reinsurer Canopius Group has announced the expansion of its U.S. Casualty business with its entry into the domestic U.S. Excess Casualty market on Canopius U.S. Insurance Company paper. The re/insurer says that this move underscores its commitment to expanding its footprint in the U.S. insurance sector and enhancing ... Read the full article

Canopius appoints AXA XL’s Cooper Head of Reinsurance & Bermuda CEO

12th July 2023

Global specialty re/insurer Canopius Group has announced the appointment of Charles Cooper as Global Head of Reinsurance and CEO of Canopius’s Bermudian entities. In his new role, starting from 1 September, Cooper has been tasked to drive Canopius’s global reinsurance business strategy. He will report to Chief Executive Officer Neil Robertson ... Read the full article

Canopius appoints Mark Gazzard as its new Chemical Underwriter

8th June 2023

Canopius Group, a global specialty re/insurer, has announced the appointment of Mark Gazzard as a Chemical Underwriter within its Heavy Industry & Engineering division. In this role, Gazzard’s remit will include supporting the expansion of the company’s existing offering and providing specialist cover and expertise to cater for the increasing demand ... Read the full article

Canopius Group launches medical malpractice business, names Ashley Moulton as healthcare underwriter

6th June 2023

Global specialty (re)insurer, Canopius Group, has recently unveiled its new venture into the medical malpractice market with the appointment of Ashley Moulton as the healthcare underwriter. Moulton brings over a decade of experience to her new role, having previously held key positions at Coverys Syndicate 1975 and CFC Underwriting's life sciences ... Read the full article

Canopius launches digital asset custody product on Lloyd’s Asia platform

22nd May 2023

Global specialty re/insurer Canopius has announced it will underwrite its digital asset custody product from Singapore, noting it is the first carrier on the Lloyd’s Asia platform to provide coverage locally. The launch marks an extension of the product Canopius Syndicate 4444 underwrites in London, catering to a growing demand from ... Read the full article

Canopius launches aviation reinsurance business, hires Head of Aviation Treaty

16th May 2023

Canopius Group, a global specialty re/insurer, has announced the launch of its aviation reinsurance business with the appointment of Andrew Hartley as Head of Aviation Treaty, London. Hartley is an industry veteran with over four decades of experience that he will bring into his new role. Alois Rouffiac, the UK Chief Underwriting ... Read the full article

Canopius Group hires Philip Weston as Casualty Treaty Underwriter

12th May 2023

Canopius Group has appointed Philip Weston as Casualty Treaty Underwriter, where he will report to Paul Western, Head of US Casualty Treaty, who joined the firm in June 2022. Weston has three decades of London market experience in both international and North American casualty treaty reinsurance business. He joins Canopius after ... Read the full article

Charity Bare joins Canopius Group as Risk Director

11th May 2023

Charity Bare has joined specialty insurer Canopius Group as Group Risk Director following five years with Nephila Syndicate Management Limited as Director of Risk and Compliance. Based in London, Bare brings close to two decades of industry experience to her new role, which she started on May 8th. Prior to her time ... Read the full article

Canopius to offer auto coverage in US Virgin Islands through agreement with SFMI

20th April 2023

Specialty reinsurer Canopius Group, and Theodore Tunick and Marshall & Sterling, a broker for all lines of business and personal insurance, have announced an agreement with Samsung Fire and Marine Insurance (SFMI) to offer admitted auto coverage to personal and commercial insureds in the US Virgin Islands (USVI). The agreement represents ... Read the full article

Canopius begins underwriting cannabis risks

19th April 2023

Global specialty re/insurer Canopius has announced that it will begin to underwrite cannabis-exposed risks for privately owned and not-for-profit organizations in US states where medical and recreational adult-use is legal. Coverages include Directors & Officers Liability (D&O), Employment Practices Liability (EPL), and Fiduciary Liability (FL). The company can now write all types ... Read the full article