Canopius: How a global firm is brewing Aussie growth plans
"We identified an opportunity"
Source: insurancebusinessmag.com
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Lloyd's of London insurer Canopius plots £2bn London float | Business News
Canopius Group, one of Lloyd’s of London’s largest insurers, is plotting a flotation on the London Stock Exchange that could value it at more than £2bn. Sky News has learnt that Canopius has approached investment banks about working on an initial public offering (IPO) that could take place in the coming months. City sources said on Monday that a listing could value the insurance group at more than double what a Centerbridge Partners-led consortium paid for it just over three years ago. The plans are being drawn up amid a flurry of investment in the sector. Canopius insures risks in areas...
Source: sky.com