Reinsurance News

Conduit Re

Capital management, portfolio quality prioritised over growth, says Conduit Re CEO

18th February 2026

Conduit Re, a Bermuda-based global reinsurance company, has grown its top-line from nought to more than $1.2 billion in the five years since its inception, and while very robust, Chief Executive Officer (CEO) Neil Eckert told Reinsurance News that the emphasis is on capital management and portfolio quality rather than ... Read the full article

Casualty drives top-line growth at Conduit Re in 2025 as revenue rises 10%

18th February 2026

Bermuda-based reinsurer Conduit Re recorded a 6.9% rise in gross premiums written (GPW) for the full year 2025, driven by the casualty segment with modest growth in property, as the firm's undiscounted combined ratio rose by 4.4 percentage points to 101.5%, with a 15.3% contribution to the undiscounted net loss ... Read the full article

Conduit Holdings announces Board changes, Shott appointed Chair

16th February 2026

Conduit Holdings, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurance business, has announced the appointment of Nicholas Shott as Chair of the Board. Shott, who joined the Conduit Holdings Board in November 2025, will also succeed Ken Randall as Chair of the Nomination Committee. Prior to this appointment, ... Read the full article

AM Best shifts Conduit Re’s outlook to stable and reaffirms strong ratings

4th December 2025

AM Best, the credit rating agency, has adjusted its outlook on Conduit Reinsurance Limited (Conduit Re) from positive to stable. The agency also confirmed Conduit Re’s Financial Strength Rating of A- (Excellent) and its Long-Term Issuer Credit Rating of “a-” (Excellent). Conduit Re, based in Bermuda, is a specialist pure-play reinsurer ... Read the full article

Conduit Re in ‘full preparation mode’ as market discipline holds and rates begin to soften: CEO Eckert

5th November 2025

During a recent interview, Neil Eckert, co-founder and Chief Executive Officer (CEO) of Bermuda-based reinsurer Conduit Re, said the company reported a benign third quarter, reaffirming its guidance for year-end as the market shows early signs of rate softening in property catastrophe and retrocession. In its Q3’25 results, Conduit ... Read the full article

Conduit Re grows reinsurance revenue 12.6% amid competitive market conditions

5th November 2025

Bermuda-based reinsurer Conduit Re has reported reinsurance revenue for the nine months ended 30th September 2025 of $662.4 million, a 12.6% increase over the nine months ended 30 September 2024. Of the total reinsurance revenue for the period, Conduit Re’s Property segment contributed the most, at $347.9 million, followed by the ... Read the full article

Stephen Postlewhite named CUO of Conduit Re

4th November 2025

Conduit Holdings Limited, the ultimate parent company of Bermuda-based reinsurer Conduit Re, has appointed Stephen Postlewhite as Chief Underwriting Officer (CUO), effective January 26th, 2026, subject to Bermuda immigration approval. In his new role, Postlewhite will lead the reinsurer's underwriting strategy and oversee portfolio performance across Property, Casualty and Specialty segments ... Read the full article

There will be pockets of softness and hardness in the non-cat space: Conduit Re CEO

9th September 2025

Neil Eckert, co-founder and Chief Executive Officer (CEO) of Bermuda-based reinsurer Conduit Re, said this morning at the company's briefing in Monte Carlo at RVS 2025, that there will be areas of softness and hardness in the non-catastrophe space heading into 2026. While property cat often dominates headlines in the reinsurance ... Read the full article

Conduit Re strengthens underwriting team with key promotions and new hire

28th August 2025

Bermuda-based reinsurer Conduit Re has strengthened its underwriting team with the promotion of Angus Hampton to Head of Casualty, the expansion of Peter Kiernan’s role to include broker and client management, and the strategic hire of David Frawley to its specialty team. As Head of Casualty, Hampton will manage Conduit Re’s ... Read the full article

Despite property rates moderating, we’re not going to see a change of direction: Conduit CEO

30th July 2025

Neil Eckert, CEO of Bermuda-based reinsurer Conduit Re, was a little surprised at the slight upside in casualty rates experienced through the first half of the year, and while the firm posted a decrease in property, he doesn’t expect to see a change in market direction. Speaking with Reinsurance News after ... Read the full article

Conduit Re grows top line 9% but catastrophe and risk losses dent H1’25 underwriting result

30th July 2025

Bermuda-based reinsurer Conduit Re fell to a comprehensive loss of $13.5 million with a negative reinsurance service result of $15.2 million in the first half of 2025, as the discounted net loss ratio increased significantly year-on-year to 95.8% as a result of the highly active period of natural catastrophe events ... Read the full article

Conduit Re appoints William Randolph as Chief Risk Officer

15th July 2025

Conduit Holdings Limited, the ultimate parent company of Bermuda-based reinsurer Conduit Re, has announced the appointment of William Randolph as Chief Risk Officer. Based in Bermuda, Randolph will lead Conduit Re’s enterprise risk management function. He will report to CEO Neil Eckert and join the Executive Leadership Team. Randolph brings 20 years ... Read the full article

Conduit Re continues to evolve reinsurance strategy amid desire to reduce volatility: CEO

15th May 2025

Conduit Re, a Bermuda-based reinsurer specialising in property, casualty, and specialty lines, has made some notable changes to its outward reinsurance strategy, aiming to better shield its portfolio from increasingly volatile secondary perils such as wildfires, floods, and convective storms. The new CEO Neil Eckert ... Read the full article

Conduit Re seeing opportunity to deploy more capacity into casualty risks

14th May 2025

As the re/insurance market enters into a more competitive phase, it presents Conduit Re with an opportunity to deploy more capacity into casualty risks, Neil Eckert, who was recently appointed as the company’s new CEO, highlighted during the reinsurer’s analyst call following the release of its Q1’25 financial results. “We ... Read the full article

Conduit Re’s GWP expand 15% to $410m in Q1’25

14th May 2025

Bermuda-based Conduit Re has reported gross premiums written of $410.2 million for Q1 2025, marking a 15% increase over Q1 2024, with growth achieved across all three of its segments. Of the total Q1 2025 premium, the Property segment contributed $237.9 million, while Casualty and Specialty contributed $84.1 million and $88.2 ... Read the full article