Investor Relations

Canopius is a profitable international specialty and P&C (re)insurer.

We pursue sustainable growth in markets where our unique expertise and competitive advantages set us apart. Our success is driven by smart actions and practical solutions, and supported by an empowered, collaborative, and accountable team.

We are committed to meeting our clients’ evolving needs while making a positive impact on people, communities, business, and sustainability.

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CEO Neil Robertson on Our Journey

Canopius has been able to deliver attractive underwriting profitability and business growth while undertaking major initiatives including adding substantial capabilities to our business.

“We have a clear vision against which we are executing our strategy – to deliver attractive and sustainable returns as a leading, dynamic international specialty and P&C (re)insurer, growing in areas where we have distinction or competitive advantage. I am pleased to report another year of strong delivery against this vision, and we are now establishing a track record of meeting our underwriting goals, quarter-on-quarter.

“Our 2023 results are a testament to the transformative work the business has undergone over the last two years. Our business leaders have been empowered, our operating models and systems enhanced and the accountability and transparency within our organisation has moved forward at pace.

“We have positioned the business to benefit from the broader industry tailwinds and in 2023 we continued to evolve our business, we materially strengthened our operational capabilities, our underwriting performance, and our structural growth prospects.

“Decisive actions have been taken to accelerate delivery in the last few years and execution against our plans remains of utmost focus. Combined with a still positive overall rating environment, we look forward with confidence to navigating what 2024 brings and further developing our value proposition to drive consistent performance and build on our success and momentum achieved in 2023.”

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Download Latest Annual Peport

Financial Highlights & Resources

Explore our robust financial performance over the past two years. Each set of figures here captures key metrics and milestones from 2024 and 2023 – demonstrating our commitment to sustainable growth, operational excellence, and market resilience.

Our Heritage & Culture

Founded in 2003, Canopius started as a small syndicate transformed by the visionary leadership of Chairman Michael Watson. Through entrepreneurial drive and relentless innovation, we grew to become Lloyd’s of London largest syndicates with a truly global footprint.

Today, under the dynamic guidance of Group CEO Neil Robertson and an innovative Leadership Team, our international business of more than 1000 professionals is organised into three thriving units-all focused on delivering on our promises.

Our agile mindset and commitment to breaking down barriers to innovation continue to propel us forward. At Canopius, our people are our greatest asset, powering our ability to make things happen for our clients and each other.

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Our Heritage

In 2003, Canopius was founded. Our Chairman Michael Watson took a small syndicate and turned around its fortunes. With a spirit of entrepreneurialism, Canopius went from strength to strength. We became one of the largest syndicates in Lloyd’s, with a network of offices around the world.

The business has continued to evolve. Led by Group CEO Neil Robertson and a fresh and dynamic Leadership Team, we have become a truly international company of more than 850 people, with three thriving business units that are collectively establishing a track record of
delivering on our promises.

The same spirit and dynamism that shaped Canopius’s early fortunes is still on show two decades later. We are agile, flexible and our people are our power. We want to remove the inertia that holds back innovation. Canopius is ready to make things happen for our clients and each other.

2003
2004
2006
2007
2008
2012
2013
2014
2016
2017
2019
2019
2022
2023
2023
2023
2003

Management buyout from Trenwick branded as Canopius

2004

Established Syndicate 4444

2006

Acquired Syndicates 1607 and 3768

2007

Brought Canopius to Bermuda

2008

Brought Canopius to Singapore

2012

Acquired Omega’s Chicago operations

2013

Acquired by Sompo Holdings

2014

Established Canopius Underwriting Agency Inc in New York

2016

Rebranded as Sompo Canopius

2017

Acquired by Centerbridge-led Consortium

2019

Merged with Amtrust of London 1861

2019

Brought Canopius to Australia

2022

Embarked on global transformation

2023

Recorded consistent growth and record profits

2024

Launched Portfolio Solutions

2025

Samsung Fire & Marine Insurance increases their shareholding to 40%

Investor Relations – Key Contacts

Trevor Moss - Canopius Staff
Head of Investor Relations
Adam Timms Canopius staff
Head of Commercial Finance
Lee Jones - Canopius staff
Head of Media & Communications

Latest Canopius investor news

June 11, 2025

Samsung Fire & Marine Insurance Increases Strategic Stake in Canopius

London, 11 June 2025 – Canopius Group (‘Canopius’, or the ‘Group’), a leading international specialty and P&C (re)insurer, is pleased to announce that Samsung Fire...

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March 18, 2025

Canopius Appoints Candace Steele as Group Risk Director

London, 18 March 2025 – Canopius Group, a leading global specialty and P&C (re)insurer, today announces the appointment of Candace Steele as Group Risk Director....

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March 11, 2025

Canopius Achieves Record 2024 Result with 28% Return on Equity

London, 11 March 2025 – Canopius Group, a leading international specialty and P&C (re)insurer, today announced its financial results for the year ended December 31, 2024....

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March 6, 2025

AM Best Affirms Credit Ratings of Canopius US Insurance, Inc. and Canopius Reinsurance Limited

London, 6 March 2025 – AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent)...

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January 28, 2025

Hitesh Patel Appointed Chair of Canopius Managing Agents

London, 28 January 2025 – Canopius Group, a leading global specialty and P&C (re)insurer, is pleased to announce the appointment of Hitesh Patel as the...

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August 12, 2024

Canopius Continues Strong Strategic and Financial Delivery – H1 2024 Results

London, 12 August 2024 – Canopius Group, a leading international specialty and P&C (re)insurer, today announced its financial results for the half-year ended June 30, 2024....

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May 23, 2024

Canopius announces Andy Haste as Group Chairman

London – May 23, 2024 – Canopius, a leading global specialty and Property & Casualty (re)insurer, has today announced it has appointed Andy Haste as...

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May 1, 2024

Canopius appoints new CUO and CFO in Bermuda to drive targeted reinsurance growth

Hamilton, Bermuda – 30 April 2024 – Canopius, a global specialty lines (re)insurer, today announced that it has strengthened its senior leadership team in Bermuda...

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April 4, 2024

CANOPIUS APPOINTS CHIEF EXECUTIVE OFFICER, ASIA-PACIFIC & MENA

SINGAPORE – April 4, 2024 – Canopius Group, a leading global specialty and P&C (re)insurer, today announces the appointment of Soon Keen Lee (‘SK’ Lee)...

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March 12, 2024

CANOPIUS ACHIEVES RECORD 2023 RESULT

LONDON – March 12, 2024 – Canopius Group, a leading global specialty and P&C (re)insurer, today announced its financial results for the year ended December...

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Insurance contract written premium comprises the gross premiums on business incepting in the financial year, adjusted to exclude inwards reinstatement premiums and non-claim dependent ceding commissions on inwards reinsurance together totalling $57m (2022: $46m).

The combined ratio – discounted is calculated by dividing ‘insurance service expenses’ net of ‘amounts recoverable from reinsurers for incurred claims’ by ‘net insurance revenue’.

Amounts presented are determined from the financial statements

Tangible net assets (TNAV) represents total equity attributable to equity holders of the parent less intangible assets and deferred tax liabilities on intangibles.

Total available capital represent tangible net assets (TNAV) plus utilised unsecured letter of credit facilities

Net insurance revenue is ‘insurance revenue’ net of the ‘allocation of reinsurance premiums’

Net combined ratio – undiscounted excludes the impact of discounting net claims costs recorded within ‘insurance service expenses’ and ‘amounts recoverable from reinsurers’ of $85m (2022: $17m).

Unless otherwise stated, all figures are on IFRS 17 basis.

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