Insurance industry experts, Stephen Catlin and Paul Brand have launched a new international and specialty insurer and reinsurer, Convex Group.
Convex has $1.8bn (approx. £1.4bn) of capital and will use $1.6bn (approx. £1.2bn)) for the initial start and then use further capital to help it expand.
The firm will operate in both London and Bermuda and has been awarded an A.M. rating of A- (Excellent).
Convex stated that it will underwrite insurance and reinsurance for complex specialty
The Insurance Age team unpick the most recent and most popular stories.Subscribe to our daily newsletter for all the latest news