Convex sees 2024 net income hit $506m as underwriting result improves 57%

Share!

Reinsurance News - Mar 31, 2025

International specialty insurer and reinsurer Convex Group has revealed an underwriting result for 2024 of $381 million, up 57% from $242 million in 2023. Meanwhile, Convex’s net profit attributable to common shareholders was $506 million in 2024, up slightly from $503 million in 2023. This ma...

Read Full Article

Recommended Articles

US cyber rates drop 32% at April 1, bespoke solutions surge amid ample reinsurance capacity: Gallagher Re

Posted: Apr 02, 2026

US cyber reinsurance rates fell around 32% during the April 1 renewals, impacted by a surge in exces...

Aon’s Reinsurance Solutions names Jukgrid Treesuttamas as Senior Advisor, Thailand

Posted: Apr 02, 2026

Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has appointed Jukgrid Tr...

Markel Insurance appoints James Shankland as Head of Ocean Cargo, US

Posted: Apr 02, 2026

Markel, the insurance operations within Markel Group Inc., has announced the appointment of James Sh...