Canopius acquired a majority stake in MultiStrat on March 13, 2020.

 

Canopius is expanding its participation in Insurance Linked Securities (ILS) and it regards MultiStrat as a leading player in this field. MultiStrat wants to scale its leading market position in casualty ILS by leveraging Canopius’ expertise, resources and capacity.

 

MultiStrat will operate as an independent specialty division of Canopius, sharing expertise, cross-referencing deals, and expanding participations where it makes sense, independently, to both companies.