Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Conduit Holdings Ltd ( (GB:CRE) ) just unveiled an update.
Conduit Holdings Limited announced that AM Best has affirmed its subsidiary, Conduit Re’s, Financial Strength Rating of “A-” and Long-Term Issuer Credit Rating of “a-“, while upgrading its outlook from “stable” to “positive”. AM Best’s decision reflects the company’s successful adaptation to market conditions and achievement of key objectives, projecting continued growth and diversification of its underwriting profile. This recognition underscores Conduit Re’s significant achievements over the past four years and its positive reception in the market.
More about Conduit Holdings Ltd
Conduit Re is a Bermuda-based multi-line reinsurance business with global reach, licensed as a Class 4 insurer by the Bermuda Monetary Authority. Conduit Holdings Limited is its ultimate parent company, listed on the London Stock Exchange.
YTD Price Performance: 10.50%
Average Trading Volume: 483,993
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £810.5M
See more data about CRE stock on TipRanks’ Stock Analysis page.
