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Conduit Re seeing opportunity to deploy more capacity into casualty risks

As the re/insurance market enters into a more competitive phase, it presents Conduit Re with an opportunity to deploy more capacity into casualty risks, Neil Eckert, who was recently appointed as the company’s new CEO, highlighted during the reinsurer’s analyst call following the release of its Q1’25 financial results.

Legacy activity momentum in UK & Ireland continues into Q1’25: PwC

A new PwC report on non-life insurance run-off deals has revealed that in Q1 2025, 8 acquirers publicly announced 11 deals, 9 of which disclosed transferred reserves totalling nearly $1bn, with the UK and Ireland dominating by accounting for 9 of these deals, reflecting the sustained momentum of legacy activity in the region after a strong 2024.