{
 "as_of": "2026-11-06",
 "cmr": "uk-cm-kg/LSE/CRE",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# CONDUIT HOLDINGS LIMITED (LSE Main Market: CRE) — research page\n\nAs of 2026-11-06 · uk-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is CONDUIT HOLDINGS LIMITED, listed on the LSE Main Market under ticker CRE, ISIN BMG243851091 and LEI 21380085AE62D1BXSF19. Its security type is Corporate, its segment is SET3, its sector is Non-life Insurance [303020], and its jurisdiction is England and Wales. The record holds its status as listed, not halted.\n\n## The disclosure read\n\nThe record holds 140 filings in the twelve months to 2026-11-06, on 118 filing days. The median gap between filing days is 1 day, against a median of 4 days for the LSE Main Market and 5.0 days for the sector. Days from the latest filing to the record date is 2, against a median of 3 days for the exchange and 3.0 days for the sector. The latest filing is a director_dealing filing dated 2026-11-04.\n\n## Auditor\n\nThe auditor of record is KPMG LLP; its location is not on the record. The record does not carry auditor changes for this issuer.\n\n## Events and halts\n\nThe record does not carry listing, delisting, name change, domicile change or segment move events, because no lifecycle type map exists for this register yet. The halt flag reads listed, not halted.\n\n## Orderability\n\nThe outcome for elective professional client is signal ACM-200, determinable. The outcome for eligible counterparty is signal ACM-200, determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, with the chapter as of 2026-11-04.\n\n## Coverage\n\nThe field has not been read, so the number of research houses named on the issuer's investor-relations page is not on the record.\n\n## Open research\n\nThe field has not been read, so the number of openly published research notes is not on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-11. The years 2021 through 2026 are sealed in the store but not served as of a date; the as-of door answers not_sealed.\n\n## Sources\n\n10 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (identity.exchange)\n- https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/CRE (identity.isin)\n- https://find-and-update.company-information.service.gov.uk/company/03291142 (identity.jurisdiction)\n- https://api.gleif.org/api/v1/lei-records/21380085AE62D1BXSF19 (identity.lei)\n- https://www.londonstockexchange.com/stock/CRE/conduit-holdings-limited/company-page (identity.sector)\n- https://mcp.uk-cm-kg.ai/events/LSE/CRE (the disclosure lines)\n- https://marketsecurities.fca.org.uk/officiallist (the halt flag)\n- https://www.conduitreinsurance.com/media/zw2lw2ak/conduit-holdings-annual-report-accounts-2023.pdf (the auditor)\n- https://mcp.uk-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.uk-cm-kg.ai/record/LSE/CRE (the record)\n",
 "market": "UK",
 "node": "uk-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-11",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the UK store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "read_by": "Tavily regex",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.conduitreinsurance.com/media/zw2lw2ak/conduit-holdings-annual-report-accounts-2023.pdf",
    "state": "confirmed",
    "value": "KPMG LLP"
   },
   "auditor_firm_id": {
    "market": "UK",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "UK",
    "state": "not_on_record"
   },
   "changes": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "uk-cm-kg/LSE/CRE",
  "coverage": {
   "note": "the coverage field has not been read for this issuer",
   "state": "not_read"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 892,
     "median_cadence_gap_days": 4,
     "median_filings": 29,
     "median_latency_days": 3,
     "name": "LSE Main Market"
    },
    "sector": {
     "issuers": 10,
     "median_cadence_gap_days": 5,
     "median_filings": 71.5,
     "median_latency_days": 3,
     "name": "Non-life Insurance [303020]"
    }
   },
   "by_type": {
    "agm_record_date": 2,
    "ch_accounts_filed": 1,
    "ch_confirmation_statement": 2,
    "corporate_action": 97,
    "director_dealing": 15,
    "early_warning": 11,
    "financial_statement": 6,
    "newswire_release": 3,
    "regulatory_announcement": 3
   },
   "cadence_median_gap_days": 1,
   "filing_days": 118,
   "filings": 140,
   "latency_days": 2,
   "latest": [
    {
     "category": null,
     "date": "2026-11-04",
     "source": "https://www.investegate.co.uk/announcement/rns/conduit-holdings-limited-com-shs-di---cre/directorate-change/9856841",
     "title": "Directorate change",
     "type": "director_dealing"
    },
    {
     "category": null,
     "date": "2026-10-28",
     "source": "https://www.investegate.co.uk/announcement/rns/conduit-holdings-limited-com-shs-di---cre/notice-of-trading-update-for-q3-2026/9844638",
     "title": "Notice of Trading Update for Q3 2026",
     "type": "financial_statement"
    },
    {
     "category": null,
     "date": "2026-10-16",
     "source": "https://www.businesswire.com/news/home/20261016830545/en/KBRA-Releases-Research-CMBS-Conduit-End-of-Life-Tail-Period-Behavior",
     "title": "KBRA Releases Research – CMBS Conduit End of Life",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-06",
     "source": "https://www.newsfilecorp.com/release/317476/Talon-Metals-Discovers-Mineralized-Magmatic-Conduit-at-Roland-NickelCopper-Target-in-Michigan",
     "title": "Talon Metals Discovers Mineralized Magmatic Conduit at Roland Nickel-Copper Target in Michigan",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-09-11",
     "source": "https://www.investegate.co.uk/announcement/rns/conduit-holdings-limited-com-shs-di---cre/holding-s-in-company/9768510",
     "title": "Holding(s) in Company",
     "type": "early_warning"
    }
   ],
   "latest_filing_date": "2026-11-04",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.uk-cm-kg.ai/events/LSE/CRE",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "LSE Main Market"
   },
   "isin": {
    "read_by": "LSE instrument reference record (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/CRE",
    "state": "sourced",
    "value": "BMG243851091"
   },
   "jurisdiction": {
    "read_by": "Companies House REST API (company profile) (jurisdiction field) · adjudicated by Claude",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://find-and-update.company-information.service.gov.uk/company/03291142",
    "state": "filled",
    "value": "England and Wales"
   },
   "lei": {
    "read_by": "GLEIF name-exact",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/21380085AE62D1BXSF19",
    "state": "filled",
    "value": "21380085AE62D1BXSF19"
   },
   "name": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "CONDUIT HOLDINGS LIMITED"
   },
   "sector": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/CRE/conduit-holdings-limited/company-page",
    "state": "sourced",
    "value": "Non-life Insurance [303020]"
   },
   "security_type": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "SET3"
   },
   "ticker": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "CRE"
   },
   "website": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/CRE/conduit-holdings-limited/company-page",
    "state": "sourced",
    "value": "www.conduitreinsurance.com"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "UK",
  "node": "uk-cm-kg",
  "numbers_hash": "sha256:628636353734838c8c3b2d1378cbd39f96db1e9e247612bbd08b2b7e231e0787",
  "open_research": {
   "rows": [],
   "state": "not_read"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "elective professional client",
    "eligible counterparty"
   ],
   "outcomes": {
    "elective professional client": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "eligible counterparty": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.uk-cm-kg.ai/book/aio.json",
    "door": "https://mcp.uk-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/uk/product-governance-fca-prod-sourcebook/r1",
   "section": "uk.aio.v16"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.uk-cm-kg.ai/record/LSE/CRE",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://marketsecurities.fca.org.uk/officiallist",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:628636353734838c8c3b2d1378cbd39f96db1e9e247612bbd08b2b7e231e0787",
 "path": "/uk/LSE/CRE",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is CONDUIT HOLDINGS LIMITED, listed on the LSE Main Market under ticker CRE, ISIN BMG243851091 and LEI 21380085AE62D1BXSF19. Its security type is Corporate, its segment is SET3, its sector is Non-life Insurance [303020], and its jurisdiction is England and Wales. The record holds its status as listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 140 filings in the twelve months to 2026-11-06, on 118 filing days. The median gap between filing days is 1 day, against a median of 4 days for the LSE Main Market and 5.0 days for the sector. Days from the latest filing to the record date is 2, against a median of 3 days for the exchange and 3.0 days for the sector. The latest filing is a director_dealing filing dated 2026-11-04.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is KPMG LLP; its location is not on the record. The record does not carry auditor changes for this issuer.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record does not carry listing, delisting, name change, domicile change or segment move events, because no lifecycle type map exists for this register yet. The halt flag reads listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome for elective professional client is signal ACM-200, determinable. The outcome for eligible counterparty is signal ACM-200, determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, with the chapter as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The field has not been read, so the number of research houses named on the issuer's investor-relations page is not on the record.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The field has not been read, so the number of openly published research notes is not on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-11. The years 2021 through 2026 are sealed in the store but not served as of a date; the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "10 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer"
  },
  {
   "for": "identity.isin",
   "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/CRE"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://find-and-update.company-information.service.gov.uk/company/03291142"
  },
  {
   "for": "identity.lei",
   "source": "https://api.gleif.org/api/v1/lei-records/21380085AE62D1BXSF19"
  },
  {
   "for": "identity.sector",
   "source": "https://www.londonstockexchange.com/stock/CRE/conduit-holdings-limited/company-page"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.uk-cm-kg.ai/events/LSE/CRE"
  },
  {
   "for": "the halt flag",
   "source": "https://marketsecurities.fca.org.uk/officiallist"
  },
  {
   "for": "the auditor",
   "source": "https://www.conduitreinsurance.com/media/zw2lw2ak/conduit-holdings-annual-report-accounts-2023.pdf"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.uk-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.uk-cm-kg.ai/record/LSE/CRE"
  }
 ],
 "title": "CONDUIT HOLDINGS LIMITED (CRE) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}