21 February 2024Reinsurance

Conduit Re grows 38% at 1.1, extending pivot to preferred lines

Upstart reinsurer Conduit Re grew its 1.1 renewal book by 38% to $582.4 million on an inflation- and risk-adjusted rate gain of some 3%, extending a major pivot into non-cat property and specialty lines, the company said while presenting its preliminary view to 2023 results.

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