Convex achieves net profit as FY’23 combined ratio strengthens to 89.6%
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Reinsurance News - Apr 18, 2024
Convex Group, the international specialty insurer and reinsurer, has reported its first annual net profit since inception, announcing 2023 net income of $503.2 million, a significant improvement on the $142.2 million loss seen in 2022. The 2023 net income figure includes the establishment of a defer...
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