REG - Convex Group Ltd - Convex redeems $100m preferred shares

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31/03/2026 16:00

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RNS Number : 9004Y  Convex Group Ltd  31 March 2026

Convex redeems $100m preferred shares

 

HAMILTON, BERMUDA, 31 March 2026

Convex Group Limited, the international specialty insurer and reinsurer, today
announces it has redeemed $100 million of preferred shares. The preferred
shares were issued in 2020 to provide additional capital for underwriting
purposes and greater flexibility to support the firm's growth. $400 million
preferred shares remain in issue.

 

 

 

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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 out of London
and Bermuda. The company has an "A" (Excellent) A.M. Best rating and an "A"
with stable outlook S&P rating.

www.convexin.com (http://www.convexin.com)

 

Contacts

For media inquiries, please contact:

Haggie Partners: David Haggie, Olivia Thomson, Melissa Phillipson, Camilla
De'Arth

convex@haggiepartners.com (mailto:convex@haggiepartners.com)

+44 (0) 20 7562 4444

 

 

 

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