Samsung Fire & Marine Insurance to acquire Canopius with KKR and KIC

The Korean insurer is increasing ownership of the specialty (re)insurer to 80.6%, while KKR and the Korea Investment Corporation will hold 12.1% and 7.3% respectively.
November 10, 2026

Korea’s Samsung Fire & Marine Insurance (SMFI) has agreed to acquire the remaining 60% stake in global specialty (re)insurer Canopius, alongside funds managed by global investment firm KKR, and the Korea Investment Corporation (KIR), Korea's sovereign wealth fund.

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