SRL to review Canopius ratings after MBO

Syndicate Research Limited (SRL) has placed its B+^ (above
average) continuity opinion of Sompo Canopius' Syndicate 4444
under review for possible downgrade.
This research firm said it had decided to review the continuity
opinion, which has a negative outlook, following confirmation that
Sompo Canopius was due to be acquired by a private equity
consortium via a management buyout (MBO), subject to regulatory
approval.
Sompo Canopius is to change its ownership through a $952mn MBO
backed by privat