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Conduit Holdings Evidences Robust 2024 Growth
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Conduit Holdings Evidences Robust 2024 Growth

Conduit Holdings Ltd (GB:CRE) has released an update.

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Conduit Holdings Limited reported a strong financial performance for the first half of 2024, with a 36.1% increase in gross premiums written and a commendable return on equity of 9.9%. The company declared an interim dividend of $0.18 per common share and highlighted significant growth in property and specialty non-catastrophe lines, while maintaining a balanced underwriting portfolio amidst industry loss events. Executives expressed confidence in the company’s established distribution channels and resilience in the face of inflationary pressures and industry pricing challenges.

For further insights into GB:CRE stock, check out TipRanks’ Stock Analysis page.

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