AIG Joins Private Equity Firm Onex to Acquire Re/Insurer Convex

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Insurance Journal - Oct 30, 2025

Convex Group Ltd., the Bermuda-based specialty insurer and reinsurer, announced a new, long-term ownership structure led by private equity firm Onex Corp., with American International Group becoming a strategic minority equity investor. Onex will acquire a 63% equity stake in …...

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