From Nasdaq: 2025-02-19 02:50:26

Conduit Holdings reported preliminary results for 2024, with operating activities at $126.8 million, down from $192.0 million in the previous year. Earnings per share were $0.79 compared to $1.19. Gross premiums written for the year were $1.16 billion, a 24.8% increase from last year, while net reinsurance revenue rose to $720.0 million, up 29.4%. CEO Trevor Carvey highlighted the company’s growth, achieving $1.16 billion in gross premiums written in 2024, a 24.8% increase from 2023, and delivering a 12.7% ROE in a challenging year. For more earnings news and updates, visit rttnews.com.



Read more at Nasdaq: Conduit Holdings Preliminary FY Profit Declines – Quick Facts