Samsung Fire & Marine Insurance raises stake in Canopius

▤ Summary

Samsung Fire & Marine Insurance increased its stake in Canopius Group to 40% by buying an additional 21% equity interest from Fidentia Fortuna Holdings. The deal remains subject to standard closing conditions and regulatory approvals. The move extends SFMI’s long-term investment in Canopius and signals deeper strategic collaboration between the two insurers. The article also notes SFMI’s recent collaboration with cyber insurer Cyberwrite to strengthen underwriting and risk management.

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