Reinsurance News
Canopius
Canopius net insurance revenue up 42% in H1’25
7th August 2025
International specialty and P&C re/insurer Canopius has announced its financial results for the first half of 2025, reporting a net insurance revenue increase of 42%, to $1.39 billion from $0.98 billion in H1 2024, and a net combined ratio (discounted) of 84.0%. The firm’s insurance contract written premium figure in H1 ... Read the full article
Canopius announces Marine & Energy Treaty team changes
21st July 2025
Canopius Group, a specialty and P&C re/insurer, has announced the promotion of Ben Pinnington to Head of Marine & Energy Treaty, effective 7 July 2025, additionally, Imogen Wright will join the business as Underwriter – Marine & Energy Treaty on 13 October 2025. Pinnington began his insurance career in 2018 as ... Read the full article
Canopius-sponsored Equus approved as Lloyd’s DCA
25th June 2025
Canopius Managing Agents Ltd (Canopius) has announced that Equus Claims Management Ltd (Equus) has been approved as a Lloyd’s Delegated Claims Administrator (DCA), following sponsorship by Canopius. Equus is a liability adjusting firm specialising in the investigation and handling of equine claims, providing nationwide coverage across the UK. Co-founded by Mark Pilkington ... Read the full article
Samsung Fire & Marine ups stake in Canopius with new $570m investment
11th June 2025
Samsung Fire & Marine Insurance (SFMI) has lifted its stake in specialty and P&C re/insurer Canopius following the signing of an additional equity investment contract worth $570 million. This additional 21% stake has been purchased from existing shareholders Fidentia Fortuna Holdings, which is led by the U.S. private equity firm Centerbridge ... Read the full article
Canopius appoints Brodie English and Rob Barnum to APAC leadership roles
2nd June 2025
Canopius, a global specialty insurer and reinsurer, has announced the appointments of Brodie English as Head of Casualty, Australia and New Zealand, and Rob Barnum as Head of Financial Lines, APAC, both effective 1st June, 2025. In his new role, English will lead the development of the Casualty portfolio across the ... Read the full article
Canopius names Neetu Varghese as Head of Marine, US
7th May 2025
Canopius, a specialty and P&C re/insurer, has announced the appointment of Neetu Varghese as Head of Marine, US, Varghese steps into the role following her tenure as National Cargo Manager at Canopius since 2023. This appointment marks a significant step in Canopius’ strategic expansion within the US marine insurance market. With more ... Read the full article
Global Parametrics becomes coverholder to Canopius Lloyd’s Syndicate 4444
23rd April 2025
Global Parametrics, part of the CelsiusPro Group, and Canopius, an international specialty lines and P&C re/insurer, have announced the signing of a Lloyd’s syndicate coverholder partnership. Under this collaboration, Global Parametric becomes coverholder to Canopius Lloyd’s Syndicate 4444 - one of the largest in the Lloyd's of London marketplace - and ... 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 selects Qubit as first Lloyd’s Coverholder for digital asset insurance in APAC
27th February 2025
Qubit, a specialist managing general agent (MGA) focusing on digital asset risks, has been approved as a Lloyd's of London Coverholder by Canopius for digital asset insurance in Asia Pacific. This partnership establishes Qubit as the first and only domestic carrier in the Hong Kong market to offer products with the ... 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 Laura Burke as US Head of Cyber and Technology
9th January 2025
Canopius, a global specialty insurer and reinsurer, has announced the appointment of Laura Burke as US Head of Cyber and Technology. Burke’s appointment reflects the company’s focus on expanding its presence in the US cyber insurance market and its commitment to offering innovative and reliable solutions that help businesses navigate evolving ... 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
South Shore Insurance Underwriters expands to US West Coast with LSI acquisition
20th September 2024
Managing general agency South Shore Insurance Underwriters (SSIU) has announced the acquisition of Linneman Specialty Insurance (LSI), as part of the MGA’s expansion plans to the US West Coast. LSI, founded by the late John Linneman and current president Raymond Brown in 2011, aims to deliver exceptional service while writing a ... Read the full article
New property facility launched by WTW, Canopius and Verita
3rd September 2024
Global insurance broker WTW has launched a new property facility, Client Edge Facility, with specialty re/insurer Canopius. This exclusive property option, now available in the market, was developed by WTW Corporate Risk and Broking, North America (CRB NA), Canopius US Insurance, Inc., and Verita Capital Solutions. The new facility will be led ... Read the full article
Steve Mills appointed Head of Casualty, US, Canopius
15th August 2024
Global specialty lines re/insurer Canopius has hired industry veteran Steve Mills as Head of Casualty in the US, reporting to Lisa Davis, CEO of US & Bermuda. He is currently based in the Greater Atlanta area where Canopius is continuing to expand its underwriting talent footprint. In the role, he will be ... Read the full article
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