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Canopius completes merger of AmTrust at Lloyd's

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Canopius completes merger of AmTrust at Lloyd's

Canopius AG has completed the merger of AmTrust at Lloyd's Ltd.

Canopius said the deal provides "significant" additional underwriting expertise and a broader product offering, creating a leading Lloyd's of London's insurer of increased scale and "enhanced relevance" to its clients and brokers.

The deal is "transformational in our determination to build a leading Lloyd's franchise," Canopius Chairman Michael Watson said.