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Bermuda-based Conduit Re generated $1.16 billion in gross premiums written in 2024, a nearly 25% year-on-year increase, Reinsurance News reported. Despite elevated catastrophe losses, the reinsurer reported a 12.7% return on equity. Conduit Re saw growth across its property, specialty, and casualty segments, although its reinsurance service result fell due to higher losses and loss-related […]
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