Canopius
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The deal would end the direct involvement of the Karfunkel business at Lloyd’s and introduce a new legacy player. -
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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The takeover would make Canopius one of the biggest players on Lime Street.
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Hamilton and Cinven are the other parties in Evercore-run process.
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The regulatory investigation relates to coverage provided under a group insurance policy issued to the NRA.
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The Axis chief joins Guy Carpenter’s Carter on the council.
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The facility will offer $100mn of cover.
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The former Scor executive becomes a senior underwriter.
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Why would a patient Japanese owner spend 18 years building a diversified reinsurer from scratch then discard it for a bargain price?
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