Annual Report and Accounts 2025 | Conduit Re

Annual Report and Accounts

Interim Chair’s statement

“Neil and his team have worked tirelessly over the past year to reposition the business and its underwriting portfolio, to manage our net exposures more actively to reduce risk and improve our resilience.”

Rebecca Shelley

CEO’s Report

“We closed the year delivering an RoE of 11.1%. While we continue to target stronger execution, we have comfortably covered our dividend, initiated a share buyback programme and made substantial progress in strengthening the management of our net exposures going forward.”

Neil Eckert

49262 Conduitre AR25 Web Assets V2 4

We partner with clients globally to provide Property, Casualty and Specialty treaty reinsurance.

49262 Conduitre AR25 Web Assets V2 5

Conduit's focus remains on building and maintaining a balanced and diversified portfolio, in furtherance of our core underwriting philosophy.

Conduit Holdings Key Performance Indicators 2025

49262 Conduitre AR25 Web Assets V2 6

Our portfolio optimisation is underway as we work to strengthen the management of our net exposures and reduce volatility.

Underwriting Report 2025

ARA PC

“This year has seen an added focus on retaining and growing our talent through a year of transition.”

Heather Mello, Head of People and Culture

People and Culture 2025

New ARA25 Cover

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2025 Sustainability Report PDF 9.5MB