Conduit shares drop 20% after carrier reports H1 loss amid strategic shift
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Conduit shares drop 20% after carrier reports H1 loss amid strategic shift

The carrier is reducing its exposure to quota shares and shifting to XoL.

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Shares in London-listed Conduit Holdings were trading down by more than 20% on Wednesday morning after the Bermuda-based reinsurer reported a miss against consensus expectations.

Conduit

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