Convex redeems $100m preferred shares

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

Contacts

For media inquiries, please contact:

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

[email protected]

+44 (0) 20 7562 4444