<?xml version="1.0" encoding="UTF-8"?>
<xsd:schema xmlns:lei-required="http://www.xbrl.org/taxonomy/int/lei/2020-07-02/required" xmlns:conduitreinsurance="http://conduitreinsurance.com" xmlns:label="http://xbrl.org/2008/label" xmlns:lei="http://www.xbrl.org/taxonomy/int/lei/2020-07-02" xmlns:dtr="http://www.xbrl.org/2009/dtr" xmlns:ifrs-full="https://xbrl.ifrs.org/taxonomy/2022-03-24/ifrs-full" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2020-02-12" xmlns:gen="http://xbrl.org/2008/generic" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:esef_cor="https://www.esma.europa.eu/taxonomy/2022-03-24/esef_cor" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:dtr-types="http://www.xbrl.org/dtr/type/2020-01-21" xmlns:esma_technical="http://www.esma.europa.eu/taxonomy/ext/technical" elementFormDefault="qualified" targetNamespace="http://conduitreinsurance.com" xmlns:xsd="http://www.w3.org/2001/XMLSchema">
  <xsd:import schemaLocation="https://www.esma.europa.eu/taxonomy/2022-03-24/esef_cor.xsd" namespace="https://www.esma.europa.eu/taxonomy/2022-03-24/esef_cor" />
  <xsd:import schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" namespace="http://www.xbrl.org/2003/instance" />
  <xsd:annotation>
    <xsd:appinfo>
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      <link:linkbaseRef xlink:type="simple" xlink:href="21380085AE62D1BXSF19-2022-12-31_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:linkbaseRef xlink:type="simple" xlink:href="21380085AE62D1BXSF19-2022-12-31_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:linkbaseRef xlink:type="simple" xlink:href="21380085AE62D1BXSF19-2022-12-31_lab-en.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
      <link:roleType roleURI="http://conduitreinsurance.com/roles/050/StatementOfChangesInEquity" id="StatementOfChangesInEquity">
        <link:definition>[050] Statement of changes in equity</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://conduitreinsurance.com/roles/020/StatementOfFinancialPosition" id="StatementOfFinancialPosition">
        <link:definition>[020] Statement of financial position</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://conduitreinsurance.com/roles/030/StatementOfComprehensiveIncome" id="StatementOfComprehensiveIncome">
        <link:definition>[030] Statement of comprehensive income</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://conduitreinsurance.com/roles/010/NotesAccountingPoliciesAndMandatoryTags" id="NotesAccountingPoliciesAndMandatoryTags">
        <link:definition>[010] Notes, accounting policies and mandatory tags</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://conduitreinsurance.com/roles/040/StatementOfCashFlows" id="StatementOfCashFlows">
        <link:definition>[040] Statement of cash flows</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
      <link:roleType roleURI="http://conduitreinsurance.com/role/000099/Anchoring" id="Anchoring">
        <link:definition>Anchoring</link:definition>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xsd:appinfo>
  </xsd:annotation>
  <xsd:element id="conduitreinsurance_TotalNetRevenue" xbrli:balance="credit" xbrli:periodType="duration" name="TotalNetRevenue" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_ChangeInUnearnedPremiums" xbrli:balance="credit" xbrli:periodType="duration" name="ChangeInUnearnedPremiums" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_InsuranceLossesAndLossAdjustmentExpenses" xbrli:balance="debit" xbrli:periodType="duration" name="InsuranceLossesAndLossAdjustmentExpenses" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_PurchaseOfInvestments" xbrli:balance="credit" xbrli:periodType="duration" name="PurchaseOfInvestments" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_UnearnedPremiumsOnPremiumsCeded" xbrli:balance="debit" xbrli:periodType="instant" name="UnearnedPremiumsOnPremiumsCeded" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_EquityBasedIncentives" xbrli:balance="credit" xbrli:periodType="duration" name="EquityBasedIncentives" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_ChangesInOperatingReinsuranceAssetsAndLiabilities" xbrli:balance="debit" xbrli:periodType="duration" name="ChangesInOperatingReinsuranceAssetsAndLiabilities" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_InwardsPremiumsReceivable" xbrli:balance="debit" xbrli:periodType="instant" name="InwardsPremiumsReceivable" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_NetInsuranceAcquisitionExpenses" xbrli:balance="debit" xbrli:periodType="duration" name="NetInsuranceAcquisitionExpenses" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_AmountsPayableToReinsurers" xbrli:balance="credit" xbrli:periodType="instant" name="AmountsPayableToReinsurers" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_NetInsuranceLosses" xbrli:balance="debit" xbrli:periodType="duration" name="NetInsuranceLosses" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_NetUnrealisedLossesOnInvestments" xbrli:balance="debit" xbrli:periodType="duration" name="NetUnrealisedLossesOnInvestments" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_NetInvestmentIncome" xbrli:balance="credit" xbrli:periodType="duration" name="NetInvestmentIncome" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_OtherReinsuranceReceivables" xbrli:balance="debit" xbrli:periodType="instant" name="OtherReinsuranceReceivables" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_ChangesInOtherOperationalAssetsAndLiabilities" xbrli:balance="debit" xbrli:periodType="duration" name="ChangesInOtherOperationalAssetsAndLiabilities" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_AccruedInterestReceivable" xbrli:balance="debit" xbrli:periodType="instant" name="AccruedInterestReceivable" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_LossesAndLossAdjustmentExpenses" xbrli:balance="credit" xbrli:periodType="instant" name="LossesAndLossAdjustmentExpenses" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_InsuranceLossesAndLossAdjustmentExpensesRecoverable" xbrli:balance="credit" xbrli:periodType="duration" name="InsuranceLossesAndLossAdjustmentExpensesRecoverable" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_ChangeInUnearnedPremiumsOnPremiumsCeded" xbrli:balance="credit" xbrli:periodType="duration" name="ChangeInUnearnedPremiumsOnPremiumsCeded" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_NetRealisedLossesOnInvestments" xbrli:balance="debit" xbrli:periodType="duration" name="NetRealisedLossesOnInvestments" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_ReinsuranceRecoverable" xbrli:balance="debit" xbrli:periodType="instant" name="ReinsuranceRecoverable" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_Investments" xbrli:balance="debit" xbrli:periodType="instant" name="Investments" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_ProceedsOnSalesAndMaturitiesOfInvestments" xbrli:balance="debit" xbrli:periodType="duration" name="ProceedsOnSalesAndMaturitiesOfInvestments" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
  <xsd:element id="conduitreinsurance_DeferredAcquisitionExpenses" xbrli:balance="debit" xbrli:periodType="instant" name="DeferredAcquisitionExpenses" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" />
</xsd:schema>