Business
Trading update and further key hires
Trading update and further key hires.
About this update from Conduit Holdings Ltd.
[{"type":"text","content":"\n \n \n \n RNS Number : 6293L\n Conduit Holdings Limited\n 14 January 2021\n \n \n \n \n \n NOT\n \n \n \n FOR\n \n \n \n RELEASE,\n \n \n \n PUBLICATION\n \n \n \n OR\n \n \n \n DISTRIBUTION,\n \n \n \n IN\n \n \n \n WHOLE\n \n \n \n OR\n \n \n \n IN\n \n \n \n P\n \n \n ART,\n \n \n \n DIRECTLY\n \n \n \n OR\n \n \n INDIRECTLY,\n \n IN\n \n OR\n \n INTO\n \n OR\n \n FROM\n \n THE\n \n UNITED\n \n STATES,\n \n AUSTRALIA,\n \n CANADA,\n \n JAPAN,\n \n THE\n REPUBLIC\n \n OF\n \n SOUTH\n \n AFRICA\n \n OR\n \n ANY\n \n OTHER\n \n JURISDICTION\n \n IN\n \n WHICH\n \n THE\n \n DISTRIBUTION,\n PUBLICATION\n OR\n RELEASE\n \n OF\n THIS\n ANNOUNCEMENT\n \n WOULD\n BE\n UNLAWFUL.\n \n \n \n \n \n \n \n \n \n This announcement contains inside information for the purpose of Article 7 of the Market Abuse Regulation (EU) No 596/2014 (the \"Market Abuse Regulation\").\n \n \n \n \n \n \n \n \n \n Conduit\n \n \n Holdings\n \n Limited\n (\"Conduit\n Holdings\")\n \n \n \n and\n \n \n \n Conduit\n \n \n Reinsurance\n \n Limited\n (\"Conduit\n Re\")\n \n \n \n \n \n \n Hamilton, Bermuda - 14 January 2021\n \n \n \n \n \n \n \n \n \n T\n \n \n rading\n \n \n update\n and\n \n further\n key\n hires\n \n \n \n \n \n \n \n \n \n Conduit Holdings today announces the following shareholder update:\n \n \n \n \n \n \n 1st January\n \n \n renewal\n season\n \n \n \n \n \n \n The highlights of the 1st January 2021 renewal season for Conduit Holdings' main operating subsidiary Conduit Re are as follows:\n \n \n \n \n \n \n \n \n •\n \n \n \n \n GrossWrittenPremiumofc$160millionbeinginlinewithourplanandconsistingofatargetedseries of January attaching contracts;\n \n \n \n \n \n \n •\n \n \n \n \n Specific focus on key quota sharecontracts to deliver a balanced startto our trading;\n \n \n \n \n \n \n •\n \n \n \n \n Pricing and terms and conditions inline with management expectations;\n \n ...