Conduit Re ‘alive to XoL’ as it builds out book

24 February 2022

Conduit Re’s total catastrophe loss of $53.8mn last year included “relatively low-single-digit” impacts from Storm Uri, flooding in New South Wales, Australia and the quad-state tornado of mid-December that struck Arkansas, Missouri, Tennessee and Kentucky, it has said.

The biggest single impacts, reported in preliminary figures earlier today, were $15.0mn from Hurricane Ida and $12.1mn from the European flooding.

Trevor

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