Conduit Holdings Reports Strong Premium Growth Amid Challenges

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

Conduit Holdings Limited, the parent company of Conduit Re, announced a 25.2% year-on-year growth in gross premiums written for the first nine months of 2024, totaling $957.3 million. The company’s reinsurance revenue also surged by 30.3% to $588.2 million, despite facing increased natural catastrophe events. With a focus on maintaining a stable market outlook and deploying capital effectively, Conduit Re remains well-positioned for continued growth in its preferred sectors.

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