At the PwC Insurance Summit in Bermuda, Neil Eckert, our Executive Chairman, spoke about the implications of climate change and CO2 emissions for the global insurance and reinsurance industry on a panel discussion. Watch Neil's interview with Meg Green at Insurance Insider to hear his key takeaways, as well as his views on new insurance products and what can be done to close the coverage gap. Watch the full interview: https://shorturl.at/qcaJj #PwCInsuranceSummit #Reinsurance #ConduitRe #InsiderOnAir
Conduit Re
Insurance
Conduit Re is a pure-play Bermuda-based reinsurance business with global reach.
About us
Conduit Re is a Bermuda-based pure-play reinsurer, with a global reach. It launched in December 2020 when the group’s holding company, Conduit Holdings Limited, (ticker CRE), completed an Initial Public Offering on the London Stock Exchange that raised approximately $1.1 bn. The group is building a high-quality underwriting franchise across a broad spectrum of underwriting classes in property, specialty and casualty. The business is led by Neil Eckert (Executive Chairman) and Trevor Carvey (Group CEO), highly experienced industry players who have built and run successful global reinsurance businesses over many years. The team is comprised of experienced individuals from both reinsurance and insurance backgrounds with the expertise and experience to access and manage risk through the market cycles. The team collaborates internally to deliver a target overall portfolio and is fully enabled – a team of decision makers, not form fillers.
- Website
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https://conduitreinsurance.com
External link for Conduit Re
- Industry
- Insurance
- Company size
- 11-50 employees
- Headquarters
- Bermuda
- Type
- Public Company
- Founded
- 2020
- Specialties
- Insurance
Locations
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Primary
Get directions
Bermuda, BM
Employees at Conduit Re
Updates
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Conduit Re reposted this
Bermuda-based reinsurer Conduit Re generated reinsurance revenue of $588.2 million for the first nine months of 2024, an increase of 30.3% over the same period last year, as gross premiums written rose 25.2% amid strong growth in property and specialty.
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Conduit Re reposted this
The re/insurance market has absorbed the elevated level of small and medium sized catastrophe events around the world so far this year, which will ensure pricing remains robust for the remainder of 2024 and beyond, leading Gregory Roberts, Chief Underwriting Officer at reinsurer Conduit Re, to be positive on the upcoming renewals.
Jan 1 outlook is very positive amid stable market: Conduit Re CUO Roberts - Reinsurance News
http://www.reinsurancene.ws
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Trevor Carvey, our CEO, comments on our successful journey through the first three quarters of 2024. "Our increase in premiums written of 25% year-on-year reflects continued growth into our capital base, in what we view as a strong market with healthy rate adequacy. We have seen an active quarter from an event perspective, notably natural catastrophe events across the US, Canada and the Caribbean, and as a well-diversified, predominantly quota share reinsurer we pick up our fair share of these, as we expect to do so. Looking forward and into 2025, we remain committed to risk selection and growing our business in a measured and balanced manner.” You can see our presentation here: https://lnkd.in/eSewhBUC #ConduitRe #Reinsurance #Growth
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This morning we released our 3Q 2024 trading update, announcing gross premiums written of $957.3 million, a 25.2% increase over the first nine months of 2023. You can read our announcement here: https://lnkd.in/eSewhBUC #ConduitRe #Reinsurance #GrossPremiums
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Ahead of Baden Baden, our CEO Trevor Carvey spoke with Intelligent Insurer on what it takes to make it as a start-up in the reinsurance market. Read the full interview here: https://lnkd.in/dXcActvX #Reinsurance #ConduitRe #BadenBaden
Conduit Re: the last of the true startups
intelligentinsurer.com
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We are delighted to confirm that Nick Pritchard has joined the Conduit Re underwriting team. Nick brings a broad skillset that supports the management of our diversified portfolio across Property, Casualty and Specialty and will work closely with CUO Gregory Roberts and our underwriting heads of line Peter Kiernan, Mario Binetti, Angus Hampton BA (Hons), ACII and Marc Bearman.
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Thank you to everyone who attended our breakfast roundtable at Monte Carlo Rendez-Vous 2024 hosted by our CEO Trevor Carvey and CUO Gregory Roberts. We look forward to hosting everyone again next year! Read more about what was discussed in Artemis.bm’s article: https://lnkd.in/e3nSZbbm
Senior executives from pure-play Bermuda reinsurance company Conduit Re held a media briefing this morning at the 2024 Monte Carlo Rendez-Vous and explained that retrocession market conditions are vibrant, but said that ILS and third-party capital providers still need to see returns evidenced.
More work to evidence returns in retro, but market vibrant and healthy: Conduit Re execs - Artemis.bm
http://www.artemis.bm
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It was great to see our Deputy CEO/ COO Stuart Quinlan ACII appear at the Bermuda:Re+ILS roundtable titled ‘Navigating a hard market for a new era’ alongside so many other impressive names at Monte Carlo this year. Thanks to Intelligent Insurer for hosting this great annual event.
The reinsurance market is in a strong position, with adequate rates and profitable earnings following recent hardening and restructuring. However, ongoing challenges remain. To attract long-term investor commitment, the industry must prove it can sustain solid performance over time. That was the overall sentiment of the Bermuda:Re+ILS roundtable, called “Navigating a hard market for a new era”, which took place in Monte Carlo on September 9, sponsored by Aspen Insurance Group. In attendance: Brad Adderley, managing partner, Appleby Matthew Britten, senior partner, PwC Neville Ching, chief executive officer, Reflex Solutions Jesse DeCouto, chief underwriting officer, Canopius Re Bermuda Christian Dunleavy, group president, Aspen Insurance Group Kathleen Faries, chief executive officer, Artex Risk Solutions David G., chief underwriting officer, SiriusPoint John Huff, chief executive officer, Association of Bermuda Insurers and Reinsurers (ABIR) Chris Killourhy, managing director, QBE Re Stuart Quinlan ACII, chief operating officer, deputy CEO, Conduit Re Mark Twite, chief executive officer, AXA XL Re Bermuda Carlos Wong, FIA, FRM, senior director, Global Reinsurance, AM Best Moderator: Bill Zuill, editor, Bermuda:Re+ILS Read more insights from the roundtable here: https://ow.ly/ZoMj50TjWZQ
Navigating a hard market for a new era: Monte Carlo Bermuda:Re+ILS roundtable
intelligentinsurer.com
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Over the weekend our CEO Trevor Carvey sat down with Richard Bank from AM Best TV at the Rendez-Vous de Septembre conference in Monte Carlo. During the interview, Trevor emphasised the importance of careful planning and market awareness when building a diversified book of business, and discussed where he is seeing areas of optimism within the market. Watch the full interview here: https://lnkd.in/eYNWKhQD #Reinsurance #ConduitRe #MonteCarlo #RVS2024
Conduit Re's Carvey: Young Reinsurers Work Deliberately to Establish Themselves, Grow
ambest.com