Conduit Re poised to close $1.1bn fundraise via IPO

01 December 2020

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Conduit Re has met its $1.1bn capital raise target in full and closed the book at 4.30pm today, clearing the path for the reinsurer to launch in time for the 1 January renewals, this publication understands.

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Conduit Re poised to close $1.1bn fundraise via IPO

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Conduit Re poised to close $1.1bn fundraise via IPO

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Fuel a smarter strategy with our actionable market intelligence

Topics

Fidelis secures $375mn of aggregate wind and quake Herbie Re cover

Beazley raises $200mn of named storm and quake Fuchsia Re bond coverage

Augment Risk hires McElhiney for captives offering

Perils ups Central Europe, Italy flood loss estimate 10% to $2.16bn

ECB and Eiopa propose nat-cat reinsurance scheme which could tap ILS