Canopius
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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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The carrier made four new hires to the global credit and political risk team.
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Canopius has also appointed Uwe Schoberth as head of distribution, US and Bermuda.
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Canopius will write a 2.5% line on the multi-class facility, while Axa XL will write 1%.
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Interim UK CEO Kate Roy will step down from the position but retain her role as group COO.
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The executive will work within the retrocession and property specialty division, as well as supporting the London market and global production activity.
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