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Convex enters cat bond market with $150m Hypatia multi-peril deal

Convex Group, the specialty insurance and reinsurance company founded by Stephen Catlin, is sponsoring its first catastrophe bond transaction, bringing a $150 million Hypatia Ltd. (Series 2020-1) multi-peril retro transaction to market. Convex is targeting property catastrophe retrocessional reinsurance protection for its North American and Canadian books of business with this read the full article →