Conduit Re estimates Q1 premiums above plan at $199mn
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Conduit Re estimates Q1 premiums above plan at $199mn

Rachel Dalton
13 May 2021
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Neil Eckert and Trevor Carvey
Neil Eckert and Trevor Carvey

Conduit Re has estimated ultimate Q1 gross written premium (GWP) of $199.1mn for the first quarter, above expectations, with $82.6mn of premiums signed and sealed.

The estimate compares with $160mn announced in January and is about 10% above both management’s plan and Jefferies’ forecast, according to analyst Philip Kett.

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Rachel Dalton
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