Conduit Re's written premiums up 60%
Posted On: Jan. 26, 2023 8:11 AM CST![Reinsurance](https://bicontent.businessinsurance.com/ead67b8e-2a20-4f43-8637-c5d057067a29.jpg)
Bermuda-based reinsurer Conduit Re's ultimate premiums written increased 60% year-on-year to $421.4 million at the January renewals and it expects more rate momentum through this year, Reinsurance News reported. A combination of new business and renewals drove the growth while it also achieved higher pricing and improved terms across its portfolio.