Reinsurance News
Canopius
Canopius makes key appointments across Asia Pacific region
23rd October 2018
Global specialty lines re/insurer Canopius has expanded its presence across the Asia Pacific region with a recent series of key appointments to its office in Singapore. These include the appointments of Mathew Gundersen as Head of Operations AsiaPac & MENA and Paul Hackett as Head of Marine, Energy and Engineering, AsiaPac ... Read the full article
Canopius appoints Swiss Re’s Wattanaumphaipong to lead Asia Pacific reinsurance
2nd October 2018
Global specialty lines re/insurer Canopius has appointed Nattakorn Wattanaumphaipong as Head of Reinsurance, Asia Pacific. Wattanaumphaipong joins the Canopius Singapore office in January 2019 and will report to Jamie Wakeling, Chief Underwriting Officer, Reinsurance. He arrives from Swiss Re, having served the company across multiple senior positions over a period of 13 ... Read the full article
Canopius partners with Anvil Underwriting on credit and political risk
31st August 2018
Global specialty lines re/insurer Canopius has entered into a partnership with Anvil Underwriting Ltd, a managing general agent (MGA) specialising in credit and political risk. The partnership, which is effective from 3 September, will allow Anvil to underwrite credit insurance, contract frustration, and political risks on behalf of Canopius. The agreement will ... Read the full article
Canopius bolsters specialty unit with addition of Chubb’s Sean Redden
28th August 2018
Global specialty lines re/insurer Canopius has announced the appointment of Sean Redden as Underwriting Counsel for its specialty division, a new London-based role with a specific focus on credit and political risk. Redden, who joins from Chubb Insurance with over 15 years’ experience as a legal practitioner, will report to Canopius’ ... Read the full article
Clear risk strategies more vital than ever for re/insurers: Canopius’ Andy Gladwin
9th July 2018
Underwhelming market corrections following the record-breaking 2017 losses is proof that insurers and reinsurers must have a clearly defined strategy when undertaking risks, according to Canopius’ Global Head of Marine Treaty, Andy Gladwin. In the event of a U.S. catastrophe, Gladwin said there can be an accumulation with property risks both ... Read the full article
Canopius appoints Stephan Ott as Head of Reinsurance for Europe
24th May 2018
Canopius, the global specialty lines re/insurer, has announced the appointment of Stephan Ott as its new Head of Reinsurance for Continental Europe. Most recently, Ott was Chief Underwriting Officer (CUO) for Emirates Re, before which he held a number of senior underwriting positions in the Middle East at Al Fajer Re, ... Read the full article
Canopius AG names Rebecca Marsden as credit & political risk underwriter
3rd April 2018
Canopius AG has announced the appointment of Rebecca Marsden as credit and political risk underwriter, set to join Canopius later in the year from a similar role with AXA Africa Specialty Risks. Marsden boasts extensive experience across broking and underwriting, as well as debt and equity capital markets sales and trading. Bernie de ... Read the full article
Canopius hires Meyer as CFO from Brit, Davison as COO from Exari
14th March 2018
Canopius, the newly established as independent Lloyd's specialty insurance and reinsurance firm, has announced two senior hires this morning. Nigel Meyer, the Chief Operating Officer of global specialty insurer and reinsurer Brit, is departing the role to take on the Chief Financial Officer position at Canopius. Meyer joined Brit in 2011 and ... Read the full article
Canopius expands Managing Agents team
12th March 2018
Canopius AG, a subsidiary of Sompo Holdings Inc., has announced that Mike Duffy has been appointed Chief Executive Officer (CEO) of Canopius Managing Agents, and that Sarah Willmont will become Chief Underwriting Officer (CUO) of Canopius Managing Agents and Active Underwriter of Syndicate 4444. Duffy will also retain his position as ... Read the full article
Canopius acquired by private equity consortium led by Centerbridge Partners
9th March 2018
Canopius has announced its completed acquisition by a private equity consortium that is led by Centerbridge Partners, L.P., and which includes private investment entity Gallatin Point Capital LLC. After receiving all necessary regulatory approvals to complete the deal, Canopius is again a standalone business that is led by Chairman, Michael Watson ... Read the full article
Channel Syndicate, Canopius and Liberty form $27bn consortium
6th March 2018
The Channel Syndicate and Canopius are to join Liberty Specialty Markets (LSM) in a $27 billion consortium to provide capacity for LSM’s new electronic trading platform, Toredo. LSM, part of Liberty Mutual Insurance, recently announced the launch of Toredo, its new web-based platform for transacting specialised trade credit insurance for ... Read the full article
Canopius agrees to cede risks to Flood Re
14th December 2017
Global specialty insurer and reinsurer, Canopius, has agreed to cede risks to Flood Re, the UK's Government-backed flood reinsurance scheme. The agreement aims to enable UK homeowners living in flood prone areas with access to more effective insurance solutions. The UK Government has pledged support of the Flood Re scheme until 2039, ... Read the full article
State National to provide admitted paper for Canopius
22nd November 2017
Global specialty insurance and reinsurance firm Canopius has signed up with program fronting specialist and Markel subsidiary State National Group, so that it can underwrite specified lines of insurance on admitted paper across the United States. With State National fronting for Canopius, the re/insurer will now be able to offer clients ... Read the full article
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