# Samsung Fire & Marine Insurance Agrees to Raise Canopius Stake to 80.6%

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/53691
Published: 2026-11-11T08:01:27.000Z
Updated: 2026-11-11T08:01:27.000Z
Section: Business

> Funds managed by KKR are expected to hold 12.1%, while Korea Investment Corporation is expected to own 7.3%. The agreement remains subject to closing conditions, including regulatory approvals.

Samsung Fire & Marine Insurance agreed to acquire an additional 40.6% of Canopius, a purchase that would raise its ownership to 80.6% if the transaction closes.

Funds managed by KKR and Korea Investment Corporation are co-investors in the agreement. After completion, the KKR-managed funds are expected to hold 12.1% of Canopius, and Korea Investment Corporation is expected to hold 7.3%.

The agreement remains subject to closing conditions, including regulatory approvals.