CONDUIT HOLDINGS LIMITED (CRE) — Q1 Trading Update

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the CONDUIT HOLDINGS LIMITED Q1 Trading Update Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged, and they can be submitted at any time using the Q and A tab situated on the right hand corner of your screen. Just simply type in your questions and press send. Before we begin, I would like to submit the following poll. And I would now like to hand you over to Brett, Head of Investor Relations. Good afternoon to you. Good day, everyone, and welcome to CONDUIT's Q1 twenty twenty six Trading Update. Thank you for joining us today. Joining me on the call are Neil Eckert, Chief Executive Officer Elaine Whelan, Chief Financial Officer and Stephen Possilwhite, Chief Underwriting Officer. Please note our disclaimer language on Slide two. I will now turn the call over to our CEO, Neil Eckert. Thanks, Brett, and welcome, everyone. As mentioned on our 2025 results call, Stephen joined in January, and I'm delighted to have him with us today. As usual, today's update focuses on our top line underwriting underwriting experience during the quarter and our view of the market, with Steve providing more details of each of our segments. Elaine will then cover the financial and investment highlights, including a review of our capital management strategy. In the first quarter of twenty twenty six, we continued to identify select areas for growth and increased gross premiums written by 4.9 over the prior year. Growth was again led by our Casualty segment, where risk adjusted pricing has remained stable. The quarter saw heightened volatility in investment markets following the outbreak of the conflict in The Middle East. Against this backdrop, we were pleased with the performance of our...