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Conduit Holdings

  • Conduit Holdings shrugs off catastrophe losses

    insurance

    Despite rising catastrophe claims, Conduit Holdings, the Bermuda-based reinsurance business, has reported a jump in gross premiums written for the 2024 financial year. Gross premiums written reached $1.16bn (£917m), a 24.8 per cent increase on the prior year, while the firm delivered a return on equity of 12.7 per cent, down from 22 per cent [...]

    Employers remain pessimistic about hiring new staff as businesses ‘hoped for more’ from the Spring Statement, according to the REC.

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