Conduit posts $61.4mn H1 loss on Ukraine and investment impact
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Conduit posts $61.4mn H1 loss on Ukraine and investment impact

Rachel Dalton
27 July 2022
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Conduit has published a first-half comprehensive loss of $61.4mn, more than four times deeper than the loss recorded in the prior-year period, due to Ukraine losses and the impact of inflation on investments.

Underwriting: Conduit reported an underwriting result of $6.2mn for the period, a more than tenfold increase on the prior year, as its combined ratio improved by 22.1

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Rachel Dalton
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