AM Best revises outlooks to positive for Convex subsidiaries

AM Best has revised the outlooks to positive from stable and affirmed the financial strength rating of A- (excellent) and the long-term issuer credit ratings of “a-” of Convex Insurance UK (Convex UK) and Convex Re (Bermuda). Both entities are wholly owned subsidiaries of Convex Group (Convex) (Bermuda), the non-operating holding company of the group.