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Best’s News & Research Service subscription required - May 14, 2025 12:51 PM (EDT)

Conduit Re: First-Quarter Net Losses May Top $140 Million, Driven by LA Wildfires

Conduit Reinsurance Ltd. parent Conduit Holdings Ltd. estimates undiscounted net losses of $100 million to $140 million across segments, driven by the Los Angeles wildfires in January. . . .

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