Convex

Behind Axa XL, Convex wrote a 9.5% line on the all-risks reinsurance programme.

The CEO was responding to comments made by Chubb’s Evan Greenberg.

Negligence must be proved to cover any loss of life for passengers under P&I cover.

The ratings change reflects the carrier’s improved performance.

BOC is believed to be the first lessor to publicly disclose a settlement with its (re)insurers.

The CEO was speaking after the carrier posted a $503mn profit in 2023.

Listen in as Convex CEO Paul Brand discusses building and running a $4bn (re)insurer. Also in this episode, Insurance Insider's Rachel Dalton provides an update on Dubai flooding and reinsurance coverage in the Middle East.

The carrier reported a combined ratio of 89.6% for the year.

Ben Savill replaces Jeff Saper, who is moving into a fac role.

The marine market has had several new MGAs launch into the sector.

The carrier has been expanding its team since launching into the energy market last year.

The incoming aviation specialist was previously head of aviation at LSM.