Convex
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The rating agency upgraded Convex following it reporting its first underwriting profit for 2022. -
The carrier has expanded its team since launching into the class of business in 2020.
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The carrier also reported GWP in excess of $3bn and $1.7bn in net earned premiums for 2022.
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Montgomery Aviation and Rise Aviation Limited, along with EOS Aviation, have launched fresh legal battles against Convex and Lancashire.
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The business has hired former AGCS aviation underwriter Alistair Blundy as CEO.
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Bissett will oversee Convex’s finance function in addition to the data and actuarial teams.
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A harder retro market will have a knock-on effect for London reinsurers, a panel of executives said at today’s London Market Conference hosted by Insurance Insider.
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Convex joined the financial lines space at the height of a hard market, when capacity was scarce.
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Dover and Nersessian-Hristova’s appointments mark the first expansion of Convex US since its launch earlier this year.
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The executive underwriter for casualty treaty has worked for Zurich, QBE and Barbican in a long career.
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The unit led by Dan Kumpf will offer miscellaneous professional liability cover.
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