Conduit Holdings

Conduit Holdings is a Bermuda-domiciled specialty reinsurance holding company that conducts its underwriting business through its wholly owned subsidiary, Conduit Reinsurance Limited (commonly known as Conduit Re). The group was established to build a new, well-capitalised reinsurance franchise at a time when the global reinsurance market was attracting fresh capital, and it listed its shares on the London Stock Exchange under the ticker CRE. Its operating base is in Bermuda, one of the world's principal reinsurance hubs, with a substantial underwriting presence in London. Conduit Re writes a diversified portfolio of property, casualty and specialty reinsurance on a global basis. Its property book covers catastrophe and non-catastrophe risks, while its casualty and specialty lines include general casualty, professional lines and other specialty classes. The company positions itself as a pure-play reinsurer with a disciplined, data-driven underwriting approach, a conservative investment portfolio and a focus on building long-term shareholder value rather than pursuing volume for its own sake. The group is led by an experienced management team drawn from the Lloyd's and Bermuda reinsurance markets, and it operates as a single underwriting platform rather than a collection of separate business units. Because it is a relatively young company, its public narrative has centred on controlled growth, capital strength and the quality of its underwriting rather than on legacy scale. It reports results on a quarterly basis and is followed by analysts as a mid-cap specialist reinsurer. Conduit Holdings is not a consumer-facing brand; its customers are insurers and other risk carriers that buy reinsurance protection. Its brand identity therefore rests on underwriting expertise, financial strength ratings and relationships with brokers and cedants in London, Bermuda and other international markets.

Conduit Holdings was formed as a new Bermuda reinsurance venture and brought to the public market through a listing on the London Stock Exchange, where its shares trade under the ticker CRE. The company was created to take advantage of improved pricing and demand conditions in the global reinsurance market, raising capital from public investors to fund a newly built underwriting platform rather than acquiring an existing book. From launch, the group operated through Conduit Reinsurance Limited, its principal underwriting subsidiary, and established underwriting operations in Bermuda and London. This dual presence gave it access both to Bermuda's catastrophe reinsurance market and to the London market's specialty and casualty broking community. The company built out its team with underwriters and executives recruited from established reinsurers and Lloyd's syndicates. Conduit Re's business plan emphasised a diversified mix across property, casualty and specialty lines, with property catastrophe business balanced by casualty and specialty risks to reduce volatility. Management has consistently described the company as a disciplined underwriter willing to reduce activity in lines where pricing is inadequate, and it has reported its results quarterly since listing. As a young company, Conduit Holdings has focused on scaling its premium base prudently, maintaining a strong capital position and investment portfolio, and building its reputation with brokers and cedants. It is tracked by analysts as a specialist mid-cap reinsurer within the London-listed insurance sector.

• Conduit Holdings is established as a Bermuda-domiciled reinsurance holding company.

• The group lists its shares on the London Stock Exchange under the ticker CRE.

• Conduit Reinsurance Limited begins underwriting property, casualty and specialty reinsurance from Bermuda and London.

Pure-play, disciplined specialty reinsurer with a Bermuda and London underwriting platform and a conservative capital and investment approach.

• Property catastrophe reinsurance

• Property non-catastrophe reinsurance

• Casualty reinsurance

• Specialty and professional lines reinsurance

• 2026-11-30

  Conduit Holdings appoints Mark Pickering as CFO[2]Conduit Holdings 任命 Mark Pickering 为首席财务官bernews.com

  Reported: 2026-08-18

  Conduit Holdings, the parent company of Bermuda-based reinsurer Conduit Re, announced the appointment of Mark Pickering as Chief Financial Officer effective November 30, 2026, and he will join the Board as an Executive Director. The appointment follows Elaine Whelan's decision to retire as CFO and Executive Director effective September 30, 2026.

1. 1Conduit Reinsurance official websiteconduitreinsurance.com
2. 2Conduit Holdings 任命 Mark Pickering 为首席财务官bernews.com