Conduit Re grows top line 9% but catastrophe and risk losses dent H1’25 underwriting result

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Reinsurance News - Jul 30, 2025

Bermuda-based reinsurer Conduit Re fell to a comprehensive loss of $13.5 million with a negative reinsurance service result of $15.2 million in the first half of 2025, as the discounted net loss ratio increased significantly year-on-year to 95.8% as a result of the highly active period of natural ca...

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