Conduit Re shares down 9% as FY CoR deteriorates 13.9 points
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Conduit Re shares down 9% as FY CoR deteriorates 13.9 points

The carrier expects to book $100mn-$140mn from the California wildfires.

By Rebecca Perkins
February 19, 2025
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Conduit Re has reported a full-year 2024 comprehensive profit of $125.6mn, down from $190.8mn in 2023, as its underwriting performance and investment results both declined.

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