(Alliance News) - Conduit Holdings Ltd on Wednesday said it benefited from a lack of legacy issues as it anticipated good opportunities for continued growth. Read More
Conduit Holdings Ltd - Bermuda-based reinsurer - Estimates that 2023 income will be greater than current market forecast. Adds that in the second half of the year, an overall reduction in interest rates has led to "substantial" investment portfolio valuation gains. Conduit will release its 2023 financial results on February 21. Read More
(Alliance News) - Conduit Holdings Ltd on Thursday said it benefitted from a high level of renewing business and positive rates in its property and specialty books during the key January 1 renewals season, as it noted "high-quality growth opportunities". Read More
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
Conduit Holdings Ltd - Bermuda-based reinsurer - Executive Director Elaine Whelan buys 22,265 at GBP4.46552 each, worth GBP99,425. Executive Director Trevor Carvey buys 15,000 shares at GBP4.48756, worth GBP67,313. Both bought shares on Thursday in London. Whelan is now interested in 233,266 shares, whilst Carvey is interested in 432,709 shares. Read More
Conduit Holdings Ltd - Bermuda-based reinsurer - Executive Director Elaine Whelan buys 20,829 shares at GBP4.777 each, worth GBP99,497. Executive Director Trevor Carvey buys 15,000 shares at GBP4.756 each, worth GBP71,340 in total. Both bought the shares in London on Monday. Whelan is now interest in 211,001 shares, whilst Carvey is interested in 417,709 shares. Read More
(Alliance News) - Conduit Holdings Ltd on Wednesday announced its maiden interim profit with increased revenue and written premiums, and said it expects continued growth. Read More
