Canopius
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The community solar binder is led by Canopius, targeting $2mn-$20mn solar projects. -
Charles Cooper will be responsible for the development of a significant growth driver for the business.
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The portfolio will focus on international risks with a focus on the US market.
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At first, Canopius will write non-proportional aviation reinsurance with an aim to quickly establish itself as a lead market.
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Charity Bare joins from Nephila Syndicate Management Limited, where she spent five years as director of risk and compliance.
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The group said it remains committed to its reinsurance, specialty and short-tail units.
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The syndicate booked net unrealised losses of just under £40mn and an investment loss of 2.3%.
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Harrison spent 25 of his 30-year-long career at QBE, most recently as group chief underwriting officer, a role he held since 2021.
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For its regional divisions, the carrier reported combined ratios of 84% for the US and Bermuda along with 96% for the UK.
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The deal involved the use of a non-payment credit insurance policy covering exposure on a GuarantCo portfolio transaction.
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The appointment comes following the departure of Stephen Haynes, who has joined Argenta.
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David Mutton joins from Axa XL, where he held the position of senior casualty underwriter for Australia.
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