Canopius Group’s Bermuda reinsurance platform, Omega Specialty Insurance Limited, has been renamed Canopius Reinsurance Limited.The change comes hot on the heels of last week’s sale of Canopius Holdings Bermuda Limited and its merger with Tower Group, Inc.Canopius Reinsurance Limited is a Class 3A reinsurance company with $400m of capital. It writes structured reinsurance business for third parties and provides capital support to Canopius Group's underwriting operations at Lloyd's.In a statement yesterday, Canopius said its Bermuda platform now comprises Canopius Reinsurance Limited and Canopius Underwriting Bermuda Limited, which underwrites excess casualty business on behalf of Canopius Syndicate 4444.Subject to necessary consents, Stephen Hartwig will succeed Susan Patschak as chief executive officer of Canopius Bermuda on June 1."Our platform in Bermuda remains a vitally important part of Canopius’s global presence. We have increased the Group’s capital commitment to CRL, which will assist in the development of its business. We have also recently increased our excess casualty capacity from $25m to $37.5m with the support of a global reinsurance panel, and will be expanding our team accordingly,” said Michael Watson, executive chairman of Canopius.“I have every confidence in the future successful development of our Bermuda platform under Stephen Hartwig’s leadership.”