Samsung insurers target Canopius in $1.5 billion deal

Reuters · 2 hours ago
  • Samsung Fire & Marine Insurance and Samsung Life Insurance are expected to sign the deal for Canopius's additional 50% stake.
  • The reported transaction would expand Samsung's insurance operations into a larger ownership position in a London-based reinsurer.

Quotes

Samsung Group-affiliated insurance companies plan to acquire London-based reinsurance company CanopiusKorea Economic Daily

Sources