I forgot to paste the note about 839 from the Canopius report:
The biggest diversification and growth move by Canopius in 2008 so far is the purchase of the reinsurance-to-close (“RITC”) of Syndicate 839. As noted above, Canopius has successfully managed this syndicate for a number of years to the point where we feel comfortable putting our own capital behind the syndicate’s reserves. Accordingly, we have reinsured the 2001 year of account of S839 into a newly-formed 2008 year of account of S839, the capital behind which comes entirely from Canopius
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