Conduit Re grows ultimate premium by 70% at 1.1 renewals
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Conduit Re grows ultimate premium by 70% at 1.1 renewals

Conduit Re logo London new 2022.jpg

London-listed reinsurer Conduit Re wrote approximately $262.6mn of ultimate premium at the 1 January renewals, representing an annual increase of around 70%.

Both pricing and terms and conditions improved in most of its core markets, with its overall year-on-year renewal net rate change for business written at 1 January estimated to be up 5% (property 8%, casualty 4% and specialty 2%).

The...

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