Canopius swings back to £34mn profit as Covid-19 losses subdue
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Canopius swings back to £34mn profit as Covid-19 losses subdue

Luke Harrison
31 March 2022
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Canopius Syndicate 4444 reported a 2021 profit of £33.8mn ($44.4mn), compared to a loss of £78.1mn in 2020, after it benefited from “significantly” lower Covid-19 claims.

The results follow a loss portfolio transfer (LPT) between Canopius and RiverStone for a book of discontinued classes of business encompassing $780mn of net liabilities.

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Canopius Results Lloyd's London market News
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Luke Harrison
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