Canopius
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Canopius Re CEO Charles Cooper says the growing division will show relevance by taking large lines on limited deals. -
Insurance contract written premium increased by 23% to $1.84bn.
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Mark Houghton, who joins from Axa XL, will report to group CUO Sam Harrison.
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He succeeds Watson, who will continue to support Canopius in an advisory capacity.
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The pair join from Validus Re and Axa XL.
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Soon Keen Lee succeeds Mark Newman, Canopius’ new UK CEO.
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Combined ratios have improved as prices rise and investments return to profit.
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The carrier said it had also experienced a healthy start to 2024.
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Slipstream will be available to marine, cargo and logistics UK clients.
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