Canopius
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The appointment follows the departure of upstream head Chris Touhey. -
Joe Bonanno has previously worked at Brit and Markel in Bermuda.
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Co-heads of the space unit Chris Gibbs and Richard Parker have left the carrier following the exit from the class.
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US lawmakers are looking to introduce legislation backdating to before the bridge collapse incident.
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Canopius Re CEO Charles Cooper says the growing division will show relevance by taking large lines on limited deals.
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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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