Canopius
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The Lloyd’s carrier is expected to try to claim multiple times under the policy. -
Written premium increased by 31% to $2.41bn as top-line growth brought expense ratios down.
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The carrier has also hired Imogen Wright as underwriter marine and energy treaty.
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The investment comes amid expectations of a new cycle of deals.
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TMK formed its specialty reinsurance unit last year.
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The market is also facing potential losses from injuries to NFL stars.
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The carrier beat QBE to the punch to secure the lead position.
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A positive outcome could significantly curb insurers’ exposure to the loss.
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ASR launched Syndicate 2454 at Lloyd’s last year.
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Conflict between China and Taiwan would be a “game changer” for marine war.
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The group posted an undiscounted combined ratio of 90.2% during the year.
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