New reinsurer Conduit joins London market with £826m IPO

Conduit Holdings, a new property and casualty (P&C) and specialty reinsurance underwriting business, has started trading in the London market with a £826 million (approximately $1.1 billion) initial public offering (IPO), said to be the largest ever start-up IPO on the London Stock Exchange (LSE).

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Conduit Holdings, IPO LSE, Insurance, Reinsurance, London Market, UK, Bermuda

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