Conduit Re Information

Conduit Re is a Bermuda-based multi-line reinsurer with a global reach. It launched in December 2020 when the group’s holding company, Conduit Holdings Limited, (ticker CRE), completed an Initial Public Offering on the London Stock Exchange that raised approximately $1.1 bn. Conduit Re offers a broad range of traditional and tailored proportional and excess of loss reinsurance solutions to our clients on a worldwide or region-specific basis within our Property, Casualty and Specialty portfolios. Conduit Re benefits from the A- (Excellent) financial strength rating from AM Best assigned to the Group’s reinsurance operating entity. The outlook assigned to the rating is positive. The Group is focused on: • Building a leading reinsurance business focused on underwriting expertise. • Delivering profitability and a mid-teens return on equity (RoE) across the cycle. • Maintaining a strong balance sheet to support its business plans. • Building a sustainable business for the long-term benefit of stakeholders.