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acquisitionAnnounced · Feb 5, 2026InsuranceSource · CredibleArticle · Factual
Convex
American International Group
Convex · American International Group

American International Group acquires Convex

David Najork
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
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Deal value
$7B
Target
Convex
Convex
London, Greater London
Acquirer
American International Group
American International Group
Full Acquisition
Status
Completed

American International Group agreed to acquire Convex. Reported deal value: $7B. Status: Completed. Sector: Insurance. Target headquarters context: London, Greater London, United Kingdom.

This page summarizes publicly available information about the transaction as of 2026-02-05. Figures and status may change as filings and press coverage update.

American International Group , Inc. , Onex Corporation and management of Convex Group Limited entered into an agreement to acquire Convex Group Limited from Onex Partners V LP managed by Onex Corporation , Public Sector Pension Investment Board , management of Convex Group Limited and others for approximately $7 billion on October 30, 20 25

Deal timeline

Announced
Feb 5, 2026 · ca.marketscreener.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Insurance with a reported deal value of $7B. Figures and status may change as sources update.

Sources: ca.marketscreener.com · Primary article · FireStrike proprietary index