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Recent News:

Sompo Canopius AG (“Canopius”) today announces that it is to be acquired by a private equity consortium led by Centerbridge Partners, L.P. (“Centerbridge”). On completion of the transaction, Canopius will become a standalone business.

Executive Chairman Michael Watson commented, “I am truly excited to be making this announcement today. This provides us with a golden opportunity to create a world class specialty (re)insurance franchise through harnessing the extraordinary talents of our staff and the acumen and financial resources of new owners Centerbridge. We are grateful to Sompo for their support for our business over the past three years and recognise their generosity in allowing us to chart this new course. Our close business and personal connections with Sompo have existed for many years and we hope to maintain a strong business relationship with them in future.”

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