Canopius

Singaporean grads cite limited development and lack of info as top insurance deterrents

More than one-quarter of recent university graduates in Singapore do not see insurance as an attractive career option, with top factors including limited career growth opportunities and lack of information about the industry, new research by Canopius has found.

Canopius parts ways with US cyber and tech E&O head Soubra

Canopius Group has parted ways with its US head of cyber and tech E&O Jenny Soubra, Cyber Risk Insurer can reveal.

Bonanno joins Canopius as head of casualty in Bermuda

Canopius had continued to build out its underwriting management team in Bermuda with the hire of Joe Bonanno as head of casualty on the island.

Canopius puts space portfolio into run-off

Canopius has ceased writing new space business and has placed the portfolio into run-off.

IPO candidate Canopius provisionally approved for 27.5% stamp increase to £2.55bn in 2025

Canopius Group appears closer to leapfrogging Beazley 2623 and becoming the largest standalone syndicate at Lloyd’s following provisional approval for a 27.5 percent increase in Syndicate 4444’s stamp capacity to £2.55bn in 2025, this publication can reveal.

Marsh launches Canopius-backed carbon capture solution

Marsh has launched an insurance solution designed for the transportation and storage of carbon dioxide, underwritten by Canopius.

Mills leaves Ledgebrook to take head of casualty US role at Canopius

Steve Mills has taken the position of head of casualty, US at Canopius Group as the carrier looks to bring new E&S primary and excess product offerings to market, E&S Insurer understands.

Canopius profit rises 53% as net insurance revenue nears $1bn

Canopius saw its profit after tax rise 53 percent to $179mn during the first half of 2024.

Centerbridge explores Canopius exit with £3bn IPO among options

The Centerbridge Partners-led consortium that owns Lloyd’s insurer Canopius is again exploring exit options, including a possible 2025 IPO, according to reports.

Canopius hires Validus Re’s Divitt as Bermuda specialty head

Canopius has hired Validus Re’s Craig Divitt as head of specialty in Bermuda, The Insurer can reveal.

Canopius’ Nicholls and Atrium’s Burrows lead top A&H UW ranking

Canopius has once-again returned to lead the accident and health underwriting bench strength table in the London’s Leading Underwriter survey for 2024, with the individual ranking resulting in a tie between Canopius’ Graham Nicholls and Atrium’s Russell Burrows.

Canopius names Axa XL’s Houghton specialty global product leader

Canopius has appointed Axa XL’s Mark Houghton as global product leader for specialty.

Canopius names Getty as cyber and tech underwriter

Canopius Group has appointed Chris Getty as cyber and technology underwriter.

Canopius names former RSA exec Haste to succeed Watson as group chair

Canopius has appointed Andy Haste as group chairman, succeeding the long-serving Michael Watson, who will continue to support the specialty and P&C (re)insurer in an advisory capacity.

Canopius names DeCouto reinsurance CUO in Bermuda

Canopius has strengthened its senior leadership team in Bermuda with the appointment of Jesse DeCouto as CUO and Tonia Morgan as CFO of Canopius Reinsurance Limited.

Canopius pens partnership with Group-IB to strengthen cyber threat intelligence

Canopius Group has partnered with cybersecurity technology provider Group-IB to complement its cyber insurance offering with advanced threat intelligence capabilities.

Fresh Hannover Re and Canopius aviation ri capacity limits reinsurers’ push for larger 1.4 rate rises

Additional aviation reinsurance capacity from Hannover Re and Canopius limited the broader market’s ambition to negotiate more significant rate increases at the 1 April renewals, with brokers able to leverage this capacity for better pricing.

Canopius names Lee CEO of APAC and MENA

Canopius Group has appointed Soon Keen Lee as its CEO of Asia Pacific and the Middle East and Africa.

Canopius Syndicate 4444 continues profit turnaround following lower large cat claims

Canopius’ flagship Syndicate 4444 has posted a third consecutive year of underwriting profit, with the continued turnaround driven by a positive investment result and a lower large catastrophe claims experience in 2023.