Conduit Holdings shrugs off catastrophe losses

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 [...]