Conduit (LON:CRE) reported higher first-quarter gross written premiums and said it continues to find selective growth opportunities, even as reinsurance market competition increases and pricing softens across parts of its portfolio.
During the company’s Q1 2026 trading update, Chief Executive Officer Neil Eckert said gross premiums written rose 4.9% year over year to $430 million, with growth led by casualty. Eckert said the company’s overall growth rate “continues to moderate” as market capacity increases and competition intensifies.
