Canopius
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Former Vibe casualty treaty underwriter Archer to step into Barbican role.
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The investment is Samsung’s first meaningful foray into the global specialty market. -
The head of open market and reinsurance claims departs after more than 18 years at Canopius.
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In its 333-year history there is only one thing certain about Lloyd’s: about once a generation people make the mistake of writing it off.
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The Michael Watson-led insurer will create a Lloyd's business with a combined $2.2bn of premiums through the purchase.
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The syndicate reveals a sharp decline in catastrophe losses to £84.2mn.
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The Canopius-backed MGA will pull cover from existing customers on 30 April.
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The deal would end the direct involvement of the Karfunkel business at Lloyd’s and introduce a new legacy player.
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Concerns over the platforms’ lower than expected year-end 2018 risk-adjusted capitalisation led to the agency’s decision.
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Private equity and in-market consolidators look to profit as Lloyd’s challenges provoke evolution of ownership structure.
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The Barry Zyskind-led insurer will roll some of its stake into Canopius, while partially cashing out.
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Now here’s a recipe for you.
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