Convex secures $500mn backing from Sixth Street

14 January 2021

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Stephen Catlin-led (re)insurer Convex has secured $500mn in preferred equity capital from global investment firm Sixth Street, taking its total committed capital to more than $3.2bn.

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Convex secures $500mn backing from Sixth Street

Fuel a smarter strategy with our actionable market intelligence

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Convex secures $500mn backing from Sixth Street

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM