Reinsurance News
Conduit
Conduit Holdings adds Lightowler, Mullen & Shaw as Non-Executive Directors
27th March 2026
Conduit Holdings, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurance business, has appointed industry veterans Richard Lightowler, Peter Mullen, and Penny Shaw as Non-Executive Directors, effective March 26th, 2026. Lightowler and Shaw will serve on Conduit's Audit and Remuneration Committees, while Mullen will serve on the company's Remuneration ... 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
Conduit Re optimises portfolio mix to strengthen underwriting resilience
10th November 2025
Conduit Holdings, the Bermuda-based reinsurer and specialty insurance group, outlined a measured approach to portfolio management and risk alignment during its Q3 2025 earnings call. Chief Executive Officer Neil Eckert and Chief Financial Officer Elaine Whelan discussed how the business is adapting its underwriting strategy, capital position, and investment portfolio as ... 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 Holdings announces appointment of Nicholas Shott as Non-Executive Director
5th November 2025
Conduit Holdings Limited, the parent company of Conduit Re, a Bermuda-based pure-play reinsurance business, has announced the appointment of Nicholas Shott as a Non-Executive Director, effective 4 November 2025. Shott brings over thirty years of experience in the financial services industry. He spent much of his career at Lazard, where he ... 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
Neil Eckert appointed CEO of Conduit Re
14th May 2025
CHL, the ultimate parent company of multi-line Bermuda-domiciled reinsurer, Conduit Re, has appointed Neil Eckert as its new Chief Executive Officer (CEO), effective immediately, subject to Bermuda immigration approval. Eckert has been acting as Conduit's interim CEO since late March 2025, following the retirement of Trevor Carvey. The appointment follows the ... Read the full article
Conduit names Nick Pritchard interim CUO
22nd April 2025
Nick Pritchard has been appointed as interim Chief Underwriting Officer (CUO) of Conduit Holdings Limited (CHL), the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurer. Pritchard takes on his new position with immediate effect, subject to Bermuda immigration approval. The appointment follows the decision by Gregory Roberts to leave Conduit ... Read the full article
Conduit Re CEO Trevor Carvey to retire
31st March 2025
Trevor Carvey, Chief Executive Officer (CEO) and Director of Bermuda-domiciled property and casualty reinsurance group and the ultimate parent company of Conduit Re, Conduit Holdings, has notified the Board of his decision to step down from the roles and retire on April 11th, 2025. Conduit has confirmed that Carvey's retirement is ... Read the full article
Jan 1 outlook is very positive amid stable market: Conduit Re CUO Roberts
6th November 2024
The re/insurance market has absorbed the elevated level of small and medium sized catastrophe events around the world so far this year, which will ensure pricing remains robust for the remainder of 2024 and beyond, leading Gregory Roberts, Chief Underwriting Officer (CUO) at reinsurer Conduit Re, to be positive on ... Read the full article
Conduit’s reinsurance revenue up over 30% as GPW hits $957m in 9M’24
6th November 2024
Bermuda-based reinsurer Conduit Re generated reinsurance revenue of $588.2 million for the first nine months of 2024, an increase of 30.3% over the same period last year, as gross premiums written (GPW) rose 25.2% amid strong growth in property and specialty. For 9M 2024, reinsurance revenue at the multi-line reinsurer increased ... Read the full article
Conduit Re posts strong reinsurance service result as GPW rises 36% in H1’24
31st July 2024
Bermuda-based Conduit Re has reported a 25% rise in comprehensive income to $98.1 million for the first half of 2024, as gross premiums written (GPW) swelled 36% to $737.8 million on the back of strong growth in both property and specialty. Group-wide, H1'24 reinsurance revenue rose 37% to $382 million from ... Read the full article
Knowing where you are in the cycle is key to long-term success: Conduit Re CEO
30th May 2024
After a positive outcome at the January 1 reinsurance renewals and a very solid performance in the first quarter of 2024, we spoke with Conduit Re CEO, Trevor Carvey, about the evolution of the Bermuda-based reinsurer, market dynamics, and the importance of managing the cycle. Conduit Re took advantage of ... Read the full article
Conduit Re sees reinsurance revenue climb 35.1% in Q1 to $181.1m
15th May 2024
Conduit Holdings Limited, the ultimate parent company of Bermuda-based reinsurer Conduit Re, has reported reinsurance revenue of $181.1 million in Q1 2024, marking a 35.1% increase over Q1 of 2023. Of this revenue figure, Conduit's Property segment made up $98.8 million, its Casualty segment $48.3 million, and its Specialty segment $34 ... Read the full article
Conduit Re posts strong 2023 results with 72.1% CoR and reinsurance revenue growth
21st February 2024
Bermuda-based reinsurer Conduit Re recorded a rise in gross premiums written (GPW) in 2023 to $931.4 million, as reinsurance revenue increased 61% year-on-year to $633 million and the company's combined ratio strengthened considerably to 72.1%. Conduit Re has today reported a strong set of results for the year, with CEO Trevor ... Read the full article
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