Canopius
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Canopius also added Jade Weaver, former management and professional lines underwriter at Argo, to its Bermuda team. -
It is understood that Axis and Canopius lead the facility, which considers clients from any industry sector in providing excess capacity.
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The group’s operating results have improved, but the ratings agency warned that further action could be taken if risk-adjusted capital levels did not rise.
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The exit highlights increasingly difficult conditions in the retro and reinsurance markets.
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New recruit James Pearson will report to group CFO Gavin Phillips.
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The Canopius MGA has reached $130mn of premium, but is moving to secure third-party support to scale up further.
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The executive assumed her position as part of a management overhaul under the new leadership of group CEO Neil Robertson.
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Christopher Jarvis was most recently active underwriter of Canopius syndicates 4444 and 1861.
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Tracey Corrigan brings with her more than 30 years of experience in operations and business transformation.
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Adhiraj Maitra will be focused on developing Canopius’s global ESG strategy.
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Geoffrey Saville spent nine years at WTW and the Met Office.
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Scott Morrison, who has more than 25 years' experience, was co-head of the trade credit excess-of-loss team at Canopius.
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