Stephen Catlin strikes out with fresh insurer

Stephen Catlin and Paul Brand Convex

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

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