Skip to main content
See every side of every news story
Published • loading... • Updated

Korean Insurer Agrees Deal to Take Control of Canopius

Samsung Fire & Marine Insurance has agreed to take control of Canopius Group in a deal that would double its stake in the specialty insurer and reinsurer, which has a Class 4 reinsurance operation in ...

6 Articles

Lean Right

Samsung Fire & Marine Insurance has acquired management control of the British specialty insurer Canopius by securing an 80.6% stake. This investment, worth 2.2 trillion won, marks the first overseas M&A by a Samsung financial company and is a strategic decision aimed at strengthening its overseas revenue base beyond the limitations of the domestic market.

(Seoul = Yonhap News) Reporter Bae Young-kyung = Samsung Fire & Marine Insurance [000810] is expanding its overseas business by acquiring an additional stake in the British specialty insurance company Canopius.

·Seoul, Korea (the Republic of)
Read Full Article

Pictured above is the head office of Samsung Fire & Marine Insurance in Seoul. [Photo courtesy of Samsung Fire & Marine Insurance] South Korea’s Samsung Fire & Marine Insurance announced on Nov. 10 that it has signed an agreement to acquire a controlling stake in Canopius, a London-based specialty insurer operating in the Lloyd’s insurance market. The Seoul-based insurer noted that it agreed to acquire the remaining 60 percent stake in Canopius …

占싸깍옙占쏙옙微占쏙옙占(KIC)占쏙옙 占쏙성화占쏙옙占쌔삼옙占쏙옙 占싹뀌옙 占쏙옙占쏙옙 占쏙옙占쏙옙占캐占쏙옙占실우스(Canopius) 占싸쇽옙占쏙옙 占쏙옙占쏙옙磯占.占쏙옙 3占쏙옙 占쌨뤄옙占쏙옙占쏙옙占 占신뤄옙 占쏙옙占쏙옙 占쏙옙占쏙옙 占쏙옙占쏙옙 7%占쏙옙 占쏙옙占쏙옙占쏙옙 占쏙옙占쏙옙占싱댄옙. 占싼깍옙占쏙옙微占쏙옙占쏙옙 占쏙옙占쏙옙 占쏙옙占쏙옙 占새울옙 占쏙옙占쏙옙 占쏙옙...

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Right
50% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Monday, November 9, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal