Convex Group has secured USD175 million of retrocessional reinsurance protection from the capital markets through its Hypatia Ltd. [Series 2026‑1] catastrophe bond issuance. An Appleby spokesperson said, “This is the fourth catastrophe bond sponsored by Convex through Hypatia Ltd., with the Series 2026‑1 issuance providing coverage for its reinsurer underwriting entity, Convex Re, and its subsidiaries …