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conduit re

  • Reinsurer Conduit Re sees underwriting business surge as clean balance sheet offers ‘tremendous freedom’

    Insurance

    Pure-play insurance firm Conduit Re has reported a surge in business underwritten for 2023 and said its strong balance sheet offers "tremendous freedom".

    The services purchasing managers’ index (PMI), compiled by S&P Global and CIPS, fell marginally to 49.3 last month, down from 49.5 in August. The 50 mark separates growth and contraction.

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