Conduit Hldg Share News (CRE)

LONDON BRIEFING: AstraZeneca and Haleon lift annual guidance

(Alliance News) - Stocks in London are called lower on Thursday, with a stack of UK corporate updates keeping investors busy until the afternoon's eagerly-anticipated US inflation reading.

IN BRIEF: Conduit Holdings posts quarterly growth in premium income

Conduit Holdings Ltd - Bermuda-based reinsurer - Reports USD600.9 million of estimated ultimate gross premiums written for the nine months that ended on September 30, up 55% from USD387.7 million a year ago. Gross premiums written is up 81% to USD528.1 million from USD291.2 million. Expects underlying business trending towards a mid-80's combined ratio in the medium term. "High-quality quota share business contracted since December 2020 provides an embedded pipeline of premium which is flowing through to income", Conduit notes.

LONDON BROKER RATINGS: Barclays prefers Liontrust over Jupiter

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Conduit Holdings deputy CEO and CFO buy shares

Conduit Holdings Ltd - Bermuda-based reinsurer - An associate of deputy Chief Executive Officer & Chief Operating Officer Stuart Quinlan buys 24,250 shares at GBP3.08 each, for a total of GBP74,690 total, on Monday in London. On Friday, Chief Financial Officer Elaine Whelan buys 31,198 shares at GBP3.09, for a total of GBP99,492.

IN BRIEF: Conduit Holdings CEO buys GBP79,000 worth of shares

Conduit Holdings Ltd - Bermuda-based reinsurer - Chief Executive Trevor Carvey acquires 25,000 shares across five transactions on Friday. Carvey pays on average GBP3.15 per Conduit share. Purchases total GBP78,660. Carvey now owns 295,290 shares in Conduit, roughly a 0.2% stake.

IN BRIEF: Conduit Holdings executive chair buys GBP100,000 in shares

Conduit Holdings Ltd - Bermuda-based reinsurer - Executive Chair Neil Eckert buys 29,197 shares at GBP3.42, worth GBP99,861, on Wednesday. Eckert now is interested in 669,657 shares. Conduit on Wednesday had said net premiums earned surged to USD210.0 million in the first half of 2022 from USD47.7 million a year before, though its total loss widened to USD61.4 million from USD12.4 million.

LONDON BROKER RATINGS: Bernstein ups Reckitt; Mitchells & Butlers cut

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

EARNINGS UPDATES: Yourgene posts record revenue; Solid State payout up

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

LONDON BROKER RATINGS: Watches of Switzerland, GB Group started at buy

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

IN BRIEF: Conduit Holdings director buys shares worth GBP103,000

Conduit Holdings Ltd - Bermuda-based reinsurer - Director Neil Eckhert buys 29,498 shares at GBP3.48 each, worth GBP102,712, on Thursday.

IN BRIEF: Conduit Holdings CEO Trevor Carvey buys GBP96,000 in shares

Conduit Holdings Ltd - Bermuda-based reinsurer - Chief Executive Officer Trevor Carvey buys 27,500 shares at average GBP3.48, worth GBP95,675, on Monday. Carvey now has 249,044 shares.

LONDON BROKER RATINGS: Goldman Sachs cuts Aviva but raises Phoenix

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday afternoon:

TRADING UPDATES: Zephyr, TransGlobe sales up; DeepMatter wins deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

UK earnings, trading statements calendar - next 7 days