IN BRIEF: Conduit reports growth in premiums in last nine months
8th Nov 2023 09:40
Conduit Holdings Ltd - Bermuda-based reinsurer - Says gross written premiums for the nine months to September 30 grew 50% to USD764.4 million from USD508.7 million a year ago. Estimated ultimate written premiums in the nine-month period grew 56% to USD909.3 million from USD581.4 million the year before. Looking ahead, says it is well-placed for continued growth due to "supply-demand imbalance" as demand for reinsurance continues to exceed supply and provide positive momentum. Read More