According to a report by The Korea Herald on November 10, Samsung Fire & Marine Insurance announced that it has agreed to invest 2.26 trillion won (approximately $1.68 billion) to increase its stake in Fortuna Topco, the holding company of UK specialty insurer Canopius, by 40.5%. This will raise its shareholding from approximately 40% to 80.6%, giving it a controlling stake. The company expects the transaction to increase the proportion of its overseas business from about 10% to approximately 25%.