Conduit Holdings Limited (CHL), the parent company of Conduit Re, a Bermuda-based reinsurance business, has announced a change in its board of directors. Dr. Richard Sandor has stepped down as a non-executive director, marking the completion of his three-year term. This change is in line with CHL's board succession plan. The company recently added Rebecca Shelley as a non-executive director. Neil Eckert, Chairman of CHL, expressed gratitude to Dr. Sandor for his contribution during the company's formative first three years.
Conduit Re is a pure-play Bermuda-based reinsurance business with a global reach. It is licensed by the Bermuda Monetary Authority as a Class 4 insurer and has been assigned a Financial Strength Rating of A- (Excellent) by A.M. Best. Conduit Holdings Limited is the ultimate parent company of Conduit Reinsurance Limited and is listed on the London Stock Exchange.
For media inquiries, H/Advisors Maitland can be contacted at +44 (0) 207 379 5151 or via email at [email protected]. For investor relations and other inquiries, contact [email protected]. The company's joint corporate brokers are Panmure Gordon (UK) Limited, Berenberg, and Peel Hunt.
For more information about Conduit Re, visit their website at https://conduitreinsurance.com/.