Convex Group Gets Strong AM Best Rating

AM Best just gave Convex Group a glowing review, praising its rock-solid financial foundation, improving underwriting, and strong future outlook across its key hubs in Bermuda, the UK, Luxembourg, and Guernsey. With a “very strong” balance sheet, “adequate” operating performance, and “appropriate” risk management, Convex is leveraging top-tier capital—boosted by recent $600 million in debt and low leverage—to fuel growth. Since launching in 2019, the company has turned a profit for four straight years, hitting an 89% combined ratio in 2025, thanks to smart underwriting and investment returns—even amid natural disaster risks mitigated by strong reinsurance partners. Operating in global insurance powerhouses, Convex wrote nearly $6 billion in premiums in 2025 and is poised for continued expansion. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a717e17274080adb