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Articles » Standard & Poors Assigns Convex Group’s Operating Entities ‘A-‘ Ratings
Convex Group Limited (Convex) today announces the authorisation of its newly established Luxembourg based European insurance entity, Convex Europe SA (CES). Convex has worked closely with the Luxembourg regulator, the Commissariat aux Assurances (CAA) and received regulatory approval on 15 September 2021. Following the authorisation, S&P Global Ratings issued CES an A- rating.
In addition, S&P has issued an A- rating for Convex Guernsey Ltd the new home of Convex’s Security Risk team.
Published December 11th 2018
LONDON (S&P Global Ratings) Dec. 11, 2019–S&P Global Ratings today assigned its ‘A-‘ financial strength ratings to U.K.-based Convex Insurance UK Ltd. and Bermuda-based Convex Re Ltd. The outlook on both ratings is stable.