Convex

Paul Simons joined the company last year from Axa XL as deputy CEO of Convex Re.

She will join the team headed up by Stella Tomlin, who launched the Lancashire marine liability book in 2021.

A panel of sustainability leaders from Conduit Re, Axa XL, Convex and Vantage Risk discussed the need for a consistent methodology to measure underwriting emissions at the Bermuda Climate Summit.

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.

The carrier also reported GWP in excess of $3bn and $1.7bn in net earned premiums for 2022.

Montgomery Aviation and Rise Aviation Limited, along with EOS Aviation, have launched fresh legal battles against Convex and Lancashire.

The business has hired former AGCS aviation underwriter Alistair Blundy as CEO.

Bissett will oversee Convex’s finance function in addition to the data and actuarial teams.

The company has also promoted Richard Slater to CUO.

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.

Convex joined the financial lines space at the height of a hard market, when capacity was scarce.