Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

22 September 2017

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Sompo Canopius to set up ILS vehicle

13 September 2017

Sompo Canopius plans to launch an ILS vehicle to support its catastrophe reinsurance book for 2018, according to sources.

The initial sum targeted through the fundraise is likely to be in the region of $100mn, although there would be an ambition for it to grow substantially beyond this level.

Sompo Canopius had already been weighing the creation of such a vehicle, but its plans are set to be accelerated following Hurricanes Harvey and Irma, with a 1 January start date...


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