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Canopius sells 21% stake to Samsung Fire & Marine Insurance

This marks SFMI’s third investment in Canopius.

Canopius Group has announced that Samsung Fire & Marine Insurance (SFMI) will acquire an additional 21% equity stake in the company, raising its total shareholding to 40%. 

The shares were purchased from Fidentia Fortuna Holdings, backed by US private equity firm Centerbridge Partners.

This marks SFMI’s third investment in Canopius following earlier transactions in 2019 and 2020, and reflects the continued strategic alignment between the two companies. 

The transaction remains subject to customary closing conditions, including regulatory approvals.
 

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