Duffy Takes Helm at Canopius in U.S.; Bird, Fowles Promoted
Canopius Group Limited, the global specialty insurance and reinsurance unit of Sompo Holdings, has made changes to its U.S. management line-up, including naming Mike Duffy as executive chairman of U.S....
View ArticleCanopius & Sompo Form Global Reinsurance Unit, Sompo Canopius Re
Canopius Group AG* announced the formation of an integrated global business unit to manage the assumed reinsurance business previously written separately by Canopius and Sompo Japan Nipponkoa Insurance...
View ArticleSompo Japan Canopius Re Gets ‘A’ Rating; to Begin Writing Business on Jan. 1
A.M. Best has assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a+” to Sompo Japan Canopius Reinsurance AG, a wholly owned subsidiary of Canopius Group AG. The...
View ArticleSompo Canopius Announces a Simplified Organizational Structure
Sompo Canopius AG has announced a number of changes to its organizational structure. The company is simplifying its underwriting management and structure to enhance cohesiveness and focus on...
View ArticleSompo Canopius Names Banez as Head of US Financial & Professional Lines
Sompo Canopius AG announces has hired Laurie Banez as head of U.S. financial and professional lines. Banez is based in the New York office and reports to Stephen Hartwig, group head of casualty. She...
View ArticleSompo Canopius Appoints Kedney as Chief Commercial Officer
Sompo Canopius* AG has appointed Paul Kedney as chief commercial officer. Kedney will join the group’s executive committee and work closely with Stuart Davies, group chief executive officer, and Mike...
View ArticleSompo Canopius Hires Pearce (Former AIG Exec) as Head of Heavy Industry
Sompo Canopius AG announced the hire of Spencer Pearce as head of heavy industry. Pearce, one of a number of recent senior hires for Sompo Canoipius, joins from AIG. He will report to Mike Southgate,...
View ArticleSompo Canopius Makes Management Changes as Group CEO Davies Steps Down
Sompo Canopius AG announced that Stuart Davies is stepping down from his role as group CEO and all other related responsibilities, effective immediately. Davies joined Sompo Canopius in 2015 with a...
View ArticleHamilton Re to Buy Canopius’ Excess Casualty Renewal Rights
Hamilton Re, the Bermuda-based platform of Hamilton Insurance Group, announced it has agreed to acquire the renewal rights to Canopius Underwriting Bermuda Ltd.’s excess casualty insurance book of...
View ArticleJapan’s Sompo Holdings to Sell Sompo Canopius for $952M to Centerbridge
Japan’s Sompo Holdings Inc. announced it has agreed to sell Lloyd’s re/insurer Sompo Canopius AG to a private equity consortium led by Centerbridge Partners for $952 million. On completion of the...
View ArticleSompo Canopius Appoints Kedney as Chief Commercial Officer
Sompo Canopius* AG has appointed Paul Kedney as chief commercial officer. Kedney will join the group’s executive committee and work closely with Stuart Davies, group chief executive officer, and Mike...
View ArticleSompo Canopius Hires Pearce (Former AIG Exec) as Head of Heavy Industry
Sompo Canopius AG announced the hire of Spencer Pearce as head of heavy industry. Pearce, one of a number of recent senior hires for Sompo Canoipius, joins from AIG. He will report to Mike Southgate,...
View ArticleSompo Canopius Makes Management Changes as Group CEO Davies Steps Down
Sompo Canopius AG announced that Stuart Davies is stepping down from his role as group CEO and all other related responsibilities, effective immediately. Davies joined Sompo Canopius in 2015 with a...
View ArticleDuffy Takes Helm at Canopius in U.S.; Bird, Fowles Promoted
Canopius Group Limited, the global specialty insurance and reinsurance unit of Sompo Holdings, has made changes to its U.S. management line-up, including naming Mike Duffy as executive chairman of U.S....
View ArticleCanopius & Sompo Form Global Reinsurance Unit, Sompo Canopius Re
Canopius Group AG* announced the formation of an integrated global business unit to manage the assumed reinsurance business previously written separately by Canopius and Sompo Japan Nipponkoa Insurance...
View ArticleSompo Japan Canopius Re Gets ‘A’ Rating; to Begin Writing Business on Jan. 1
A.M. Best has assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a+” to Sompo Japan Canopius Reinsurance AG, a wholly owned subsidiary of Canopius Group AG. The...
View ArticleSompo Canopius Announces a Simplified Organizational Structure
Sompo Canopius AG has announced a number of changes to its organizational structure. The company is simplifying its underwriting management and structure to enhance cohesiveness and focus on...
View ArticleSompo Canopius Names Banez as Head of US Financial & Professional Lines
Sompo Canopius AG announces has hired Laurie Banez as head of U.S. financial and professional lines. Banez is based in the New York office and reports to Stephen Hartwig, group head of casualty. She...
View ArticleHamilton Re to Buy Canopius’ Excess Casualty Renewal Rights
Hamilton Re, the Bermuda-based platform of Hamilton Insurance Group, announced it has agreed to acquire the renewal rights to Canopius Underwriting Bermuda Ltd.’s excess casualty insurance book of...
View ArticleJapan’s Sompo Holdings to Sell Sompo Canopius for $952M to Centerbridge
Japan’s Sompo Holdings Inc. announced it has agreed to sell Lloyd’s re/insurer Sompo Canopius AG to a private equity consortium led by Centerbridge Partners for $952 million. On completion of the...
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