Q2 2026 financial results

Lloyds Banking

13/08/2026 12:11

RNS Number : 6080Q
  
Convex Group Ltd
  
13 August 2026
  
 



Q2 2026 financial results
 
HAMILTON, BERMUDA, 13 August 2026
Convex Group Limited ("Convex"), the international specialty insurer and reinsurer, today announces its financial results for the second quarter of 2026. These figures were included in the results announcement made by Onex Corporation (TSX:ONEX) today and can be viewed here.




Key highlights
(millions) 


Q2 2026


Q2 2025


Change 






LTM* Q2 2026


LTM Q2 2025


Change 




Gross premium written


$1,904


$1,761


$143






$6,127


$5,676


$451




Net written premium


$1,250


$1,194


$56






$3,999


$3,921


$78




Net premium earned


$953


$895


$58






$3,730


$3,434


$296




Net income to common equity


$169


$276


$(107)






$719**


$520


$199




Combined Ratio


85.0%


80.7%


4.3%






83.7%


94.2%


(10.5)%




 *Last Twelve Months - 30 June 2026 to 30 June 2025
**excluding one off transaction costs of $41m related to the Onex and AIG acquisition 
 
Further information can be found on the Onex website within their quarterly supplementary materials - https://www.onex.com/financial-reporting


 
ENDS -
About Convex
Convex Group is an international specialty insurer and reinsurer focused on complex specialty risks across a diverse range of business lines. The company brings together best in class talent, a diversity of thought and the freedom and independence of a strong balance sheet to create a fresh approach to business.
 The Group's ambition is to offer something different to its clients and to engage with them in a true partnership based on fairness, dignity and respect.
 Convex was founded by Stephen Catlin and Paul Brand and operates in London, including in Lloyd's, Bermuda, Luxembourg and New Jersey. The company has an "A" (Excellent) A.M. Best rating and an "A" with stable outlook S&P rating.
www.convexin.com
For media inquiries, please contact:
Haggie Partners: David Haggie, Olivia Thomson, Melissa Phillipson, Camilla De'Arth                      
convex@haggiepartners.com
+44 (0) 20 7562 4444




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