Convex reports loss for 2022 as negative investment return offsets underwriting profit
Reinsurance News - May 16, 2023
Global specialty insurer and reinsurer, Convex Group Limited, has reported an underwriting profit for the full-year 2022 with a significantly improved combined ratio, although a negative investment return pushed the firm to a net loss of $142 million for the year. While still a loss, at $142 million...
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