Company Conduit Holdings Limited

Equities

CRE

BMG243851091

Reinsurance

Market Closed - London S.E. 11:35:14 2024-04-26 am EDT 5-day change 1st Jan Change
495 GBX -0.80% Intraday chart for Conduit Holdings Limited -0.40% +5.54%

Business Summary

Conduit Holdings Limited is a Bermuda-based holding company. The Company, through its subsidiary, Conduit Reinsurance Limited, provides reinsurance products and services to its clients worldwide. The Company’s underwriting business is comprised of three segments: Property, Casualty and Specialty. The Property segment covers natural catastrophe losses, such as windstorm and earthquake losses, primarily from assuming risks associated with property treaties. The natural catastrophe risk is written across both the United States and internationally on an excess of loss and capped quota share basis. The Company underwrites a balanced portfolio of casualty classes of business, comprised of both excess of loss and proportional contracts, on a worldwide basis. The Company’s specialty classes of business are written on both an excess of loss and proportional basis and provide reinsurance coverage against physical damage (short-tail) or against legal liability (long-tail) losses.

Number of employees: 59

Sales per Business

GBP in Million2022Weight2023Weight Delta
Property
54.5 %
171 43.7 % 278 54.5 % +62.43%
Casualty
27.1 %
159 40.5 % 138 27.1 % -12.88%
Specialty
18.3 %
62 15.8 % 93 18.3 % +50.65%

Sales per region

GBP in Million2022Weight2023Weight Delta
United States
53.2 %
288 55.7 % 271 53.2 % -6.04%
Worldwide
30.9 %
165 32.0 % 157 30.9 % -4.99%
Europe
11.0 %
49 9.4 % 56 11.0 % +15.33%
Other
4.3 %
15 2.8 % 22 4.3 % +48.91%
Bermuda
0.6 %
0 0.1 % 3 0.6 % +560.62%

Managers

Managers TitleAgeSince
Chief Executive Officer - 20-11-17
Director of Finance/CFO 49 21-01-13
Chief Operating Officer - 20-11-30
Investor Relations Contact 52 -
Human Resources Officer - 22-01-31
Corporate Officer/Principal - 22-02-28
Corporate Officer/Principal - 20-11-30
General Counsel 61 20-12-06

Members of the board

Members of the board TitleAgeSince
Director/Board Member 70 20-11-16
Founder 61 20-10-05
Director/Board Member 74 20-11-16
Director of Finance/CFO 49 21-01-13
Chief Executive Officer - 20-11-17
Director/Board Member 59 23-07-23
Director/Board Member 79 20-11-16
Director/Board Member - 20-11-16
Director/Board Member - 21-09-29

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 165,239,997 155,404,292 ( 94.05 %) 757,823 ( 0.4586 %) 94.05 %

Shareholders

NameEquities%Valuation
Aviva Investors Global Services Ltd.
9.953 %
16,446,637 9.953 % 108 M p
FIL Investment Advisors (UK) Ltd.
9.945 %
16,433,270 9.945 % 108 M p
Artemis Investment Management LLP
5.122 %
8,462,944 5.122 % 55 M p
J.O. Hambro Capital Management Ltd.
5.001 %
8,263,209 5.001 % 54 M p
Conduit Employee Benefit Trust
5.000 %
8,262,000 5.000 % 54 M p
Janus Henderson Investors UK Ltd.
4.617 %
7,629,549 4.617 % 50 M p
Aberforth Partners LLP
4.074 %
6,731,921 4.074 % 44 M p
Odey Asset Management LLP
4.026 %
6,652,038 4.026 % 44 M p
Chelverton Asset Management Ltd.
2.269 %
3,750,000 2.269 % 25 M p
Unicorn Asset Management Ltd.
1.849 %
3,055,000 1.849 % 20 M p

Company contact information

Conduit Holdings Ltd.

Ideation House 94 Pitts Road

HM 08, Pembroke

+441-276-1000

http://www.conduitreinsurance.com
address Conduit Holdings Limited(CRE)

Group companies

NameCategory and Sector
Conduit Reinsurance Ltd.

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
6.166 USD
Average target price
8.311 USD
Spread / Average Target
+34.80%
Consensus

Annual profits - Rate of surprise

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