Conduit Holdings Ltd - Bermuda-based reinsurer - Estimates that 2023 income will be greater than current market forecast. Adds that in the second half of the year, an overall reduction in interest rates has led to ‘substantial’ investment portfolio valuation gains. Conduit will release its 2023 financial results on February 21.

Current stock price: 470.50 pence, up 1.3%

12-month change: up 2.2%

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