Announced
Completed
Financials
Sources
Tags
Private
Bermuda
insurance & reinsurance services
Acquisition
property & casualty insurance
Private Equity
Property and Casualty Insurance
Completed
Synopsis
Private equity firm Onex Corporation invested $1.8bn in Convex Group, a de novo specialty property and casualty insurance company headquartered in Bermuda with an office in London. “Onex has a track record of successful investing in the insurance industry and a consistent view of the market opportunity making it the ideal partner for us,” said Stephen Catlin, Chairman and Chief Executive Officer of Convex. “With Onex’ support, Convex is uniquely positioned to provide a high touch, client-service focused approach and leverage innovative and proprietary technology to enhance the value we bring to our clients.”
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.