Company
Conduit Holdings Ltd
LON:CRE
Conduit Holdings PLC is a newly established reinsurance underwriting business focusing on producing strong risk-adjusted returns from a diversified and focused business plan. The business has been formed to capitalise on what the company's founders, Neil Eckert and Trevor Carvey believe to be an exceptional market opportunity writing reinsurance in the property, casualty and specialty classes.
17 stories
Lloyd's insurers get new measurement tool
The ICMR index weights share prices of insurance and reinsurance companies
Conduit Holdings has the wind in its sails, Peel Hunt says
Peel Hunt estimates Conduit Re is worth 620p a share, valuing the business at 1.3 times tangible net assets. "We like the risk/reward," the broker said.
Conduit joins London market with £826mln IPO
The reinsurer issued 164mln shares at 500p each with the order book closing two days earlier than scheduled
GCM Resources up as it confirms confidence on Bangladesh project
A look at some of the significant movers in early deals
Investments and investor services
FTSE 100 stocks end higher thanks to miners and construction
FTSE 100 stocks ended higher on Thursday thanks to miners and the construction sector, while the laggards included venerable British names Royal Mail and Rolls Royce
Will Royal Mail deliver?
In July, the group said it was monitoring the Brexit situation as movements in gross domestic product were drivers for volumes of letter and business parcels
Week Ahead: Royal Mail needs to deliver pre-Christmas surprise
Elsewhere, Crest Nicholson, Barratt Developments, easyJet, Vodafone, TalkTalk and others will all report to the market in one form or another
Risers & Fallers: blur Group, Creston, Filtronic, London Capital Group, Petra Diamonds, RPS Group
Crowd-sourcing platform provider blur was wanted after it revealed earnings for 2015 would be slightly ahead of expectations.
Creston's growth slows but long-term strategy on track, says Liberum
Slower growth in the first quarter means the firm expects its full-year performance to fall “slightly behind expectations”.
Investments and investor services
Risers & Fallers: Drax, Renew Holdings, Solid State, Filtronic, Metal Tiger and Premier African
Below are the main news-driven share price movements at 4pm.
Tuesday's agenda: James Bond to boost Cineworld's third quarter
Kingfisher and Cineworld will update on their respective third quarters on Tuesday
Week ahead: Osborne looks for spending cuts after Lords tax credit rejection
Kingfisher and Cineworld will catch the eye but George Osborne will be the headline maker next week