This week we meet Trevor Carvey, CEO of Conduit Re, a listed reinsurance company based in Bermuda. We cover what reinsurance is, the global risks affecting such companies and what investors should look for before investing in a reinsurer.
Get free alerts on market movers at www.thearmchairtrader.com
00:00 Intro to Conduit; what is re-insurance?
02:01 How re-insurance works
03:51 Examples of risks that Conduit help lay off
05:47 Conduit's global coverage
07:51 Why list the company on the stockmarket?
09:48 What should investors look for when investing in a reinsurer?
12:48 Company overheads
14:26 Advantages of listed reinsurance companies
16:58 Impact of the Russia/Ukraine conflict
20:00 How is Conduit positioned in 2023?
22:32 Why are policy prices increasing?
24:01 What is the reinsurance sector's position on global risks such as climate change?