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Conduit expects $50m hit from large loss events in Q3

By Iain Gilbert

Date: Wednesday 06 Nov 2024

(Sharecast News) - Reinsurance business Conduit said on Wednesday that the industry had experienced "a significant level of natural catastrophe and large loss activity" in FY24, with activity across smaller and mid-size natural catastrophes and large risk events elevated in Q3.
In aggregate, Conduit said its estimated undiscounted net loss, after...

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