Conduit reports H1 loss and 122% CoR in ‘period of transition’
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Conduit reports H1 loss and 122% CoR in ‘period of transition’

The carrier said market dynamics were shifting due to increased capacity.

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Conduit Re has lowered its 2025 return-on-equity (RoE) expectations to the mid-single digits due to elevated H1 losses, including wildfires, severe convective storms and aviation events, as well as the recent UK High Court judgment regarding the 2022 Ukraine...

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