Canopius swings to 2012 profit despite “double” Sandy hit
Canopius has recorded pre-tax profits of £50m for 2012, in spite of having to deal with the losses of both its own business, and newly-owned subsidiary Omega.
The insurer posted a loss of £64m in its previous set of results.
In results for the year ending 31 December, combined ratio for the year was 95%, or 92% excluding the Omega book which was acquired in
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