Canopius delivers record profits despite tough conditions

Jerry Frank - Monday 11 May 2009

CANOPIUS, one of the largest-privately owned Lloyd’s underwriters, has emerged from Hurricane Ike and turmoil in the financial markets with 2008 profits up by almost a third.

The Lloyd’s syndicate 4444, a significant provider of marine and energy cover, reported pre-tax profit last year up to £43m from £33m, although gros...