Convex reports lower Q2 2026 net income of $169m
Gross premium written rises to $1,904m and the combined ratio is 85.0%, while last-twelve-month net income reaches $719m excluding $41m of Onex and AIG transaction costs.
See the latest news and media coverage for Convex. We track all announcements, press releases, and industry mentions in real time, all in one place.
International specialty insurance and reinsurance company
convexin.comLast updated
In short: Convex was set to be acquired by Onex and AIG in a $7 billion deal.
Gross premium written rises to $1,904m and the combined ratio is 85.0%, while last-twelve-month net income reaches $719m excluding $41m of Onex and AIG transaction costs.
The rating agency reaffirms the insurer's financial strength rating. Convex links to the full AM Best press release for further detail.
Gross premium written rises to $2,166m, net income reaches $106m and the combined ratio improves to 86.8% from 112.8%.
It posts gross written premium of $5,879 million, net income of $711 million, tangible book value of $3,834 million and a combined ratio of 89.0%.
Convex wrote $1.9 billion of gross premiums in the second quarter, up 8.1 per cent year on year, although net income fell 39 per cent...
The international specialty insurer and reinsurer's combined operating ratio deteriorated year-on-year from 87.3% to 89%. However its net income jumped just over 40% to $711m...
AIG is investing nearly $5 billion in specialty insurer Convex Group and asset manager Onex Corporat...
AIG is investing nearly $5 billion in specialty insurer Convex Group and asset manager Onex Corporat...
Track Convex and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to Convex and other trending companies.