Conduit Re posts small underwriting gain as investment loss dents 2022 performance

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Reinsurance News - Feb 22, 2023

Bermuda-based reinsurer Conduit Re has reported a comprehensive loss of $89.7 million for the year ended December 31st, 2022, as an investment loss of $52.8 million more than offset a slight underwriting gain in the period. The company’s loss actually widened from the -$42 million reported a y...

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