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Scientists want to find out how much carbon the oceans can absorb

By Todd Gillespie Scientists want to find out just how much the seas and oceans can help in the battle against climate change. A multimillion dollar partnership between insurance group Convex Group Ltd and the Blue Marine Foundation will allow researchers to spend five years building an open-access database showing how much carbon the world’s seabeds can store.  ....

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AM Best Revises Outlooks to Positive for Convex Group's Subsidiaries


AM Best Revises Outlooks to Positive for Convex Group’s Subsidiaries
April 23, 2021
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 Ltd. and Convex Re Ltd. Both entities are wholly owned subsidiaries of Convex Group Ltd., the Bermuda non-operating holding company of the group.
The ratings reflect Convex’s consolidated balance sheet strength, which AM Best assessed as very strong, as well as the group’s adequate operating performance, limited business profile and appropriate enterprise risk management. The ratings factor in the strategic importance of Convex UK and Convex Re to Convex Group. ....

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