Company History

Portfolio Transfer/Merger History [pdf]

2016
Acquired Clariant Insurance AG
Acquired Solicitors Mutual Defence Fund Limited and Solicitors Mutual Claims Services Limited
Acquired United States Sports Insurance Company, LLC
Acquired The Royal London General Insurance Company Limited
Acquired Agency Program Insurance Company (SAC), Limited
Rank Insurance Limited amalgamated into Capstan Insurance Limited
Acquired Rank Insurance Limited
Sold the Synergy portfolio to a subsidiary of Global Risk Partners Limited

2015
Part VII Transfer of the insurance business of Liverpool and London Steamship Protection and Indemnity Assurance Limited to R&Q Insurance (Malta) Limited
Acquired FNF Title Insurance Company Limited
Principle Insurance Company Limited dissolved following the Part VII transfer to R&Q Insurance (Malta) Limited
Amalgamated R&Q Insurance (Guernsey) Limited into Capstan Insurance Limited
Acquired the entire issued share capital of IC Insurance Limited from AstraZeneca UK Limited and Imperial Chemicals Industries Limited
Sold R&Q Marine Services Ltd to Hiscox Ltd.
Completed the portfolio transfer of Tryg Forsikring AS’s discontinued marine business to R&Q Insurance (Malta) Limited
Completed the portfolio transfer from Aker Insurance AS to R&Q Insurance (Malta) Limited

2014
Acquired Armitage International Insurance Company, Ltd.
Acquired Berda Development Limited
Acquired Oval Financial Services Limited
Acquired Pender Mutual Insurance Company Limited
Acquired Southern Illinois Land Company
Set up Randall & Quilter Healthcare Holdings Inc. and R&Q Healthcare Interests LLC (Delaware)
Acquired Accredited Holding Corporation (Florida)
Relocated Norwich office to city centre location
Migrated Syndicate 1897 to another managing agent on 1 April
Pre-emption of Syndicate 1991 capacity to £150m for the 2014 Year of Account

2013
R&Q Insurance (Malta) Limited authorised by MFSA
Part VII transfer of Chevanstell business into R&Q Insurance (Malta) Limited
Acquired Flagstone Alliance Insurance and Reinsurance Ltd. (‘FAIR’)
Acquired Woodcroft Insurance Company Limited (Guernsey) Captive
Redomiciled Head Office to Bermuda, 5 July
Novation of business from MPPA Insurance Ltd (Captive) Bermuda
Acquired La Réassurance Intercontinentale
Raised £24.1m of capital net of expenses, May
Acquired Hickson (IOM) Captive
Novation of business from SL Insurance (the Virgin Group’s Guernsey captive)
Launched Lloyd’s Syndicate 1991

2012
Acquired Trimac (Barbados) Captive
Acquired Northern Foods (Guernsey) Captive
Acquired RAB (Guernsey) Captive
Acquired Capstan (Guernsey) Captive
Acquired Linpac (Guernsey) Captive
Acquired Alma Insurance Finland
Set up Washington DC PCC
Acquired high net worth underwriting business – Synergy Insurance Services (UK) Limited

2011
New specialist underwriting business set up – R&Q Just Underwriting Limited – specialising in sport and leisure
New US captive management business set up – R&Q Quest Management Services USA LLC
Reduction of capital and share buyback programme
Worldwide entity re-organisation programme
Acquired Triton Management AS (Norway)
Set up Jersey PCC
Acquired Yacht and Marine Trades underwriting business from Talbot Underwriting
Acquired Principle Insurance Company Limited – a portfolio of Takaful motor insurance in run-off

2010
Acquired A.M. Associates Insurance Services Ltd.
Acquired JMD Specialist Insurance Services Limited
R&Q is “Turnkey” manager of syndicate 1897 for Skuld
Acquired La Licorne S.A. from MAAF Assurances S.A.
Acquired Callidus Consulting
Acquired John Heath & Company Inc. (US)
Opened R&Q Canada office
Acquired Excess & Treaty Management Corporation
Acquired Reinsurance Solutions Limited (UK)
Acquired Reinsurance Solutions LLC (US)
Acquired Caledonian Insurance Management Limited and subsidiary (Gibraltar)

2009
Acquired Woolworths Captive
Acquired Goldstreet Insurance Company from Sequa Corp & Columbia Insurance Company

2008
Acquired KMS Group of run-off service businesses
Acquired Quest Group of captive management companies in Bermuda

2007
IPO on London’s AIM market, raising c.£30m

2006
Acquired Brandywine group of run-off companies from Ace, now renamed R&Q Re (US), R&Q Re (UK) and R&Q Belgium
Acquired Chevanstell, the run-off of the former Tryg-Baltica International UK Ltd
Aquired Ancon UK (renamed Arran) from ExxonMobil

2004
Awarded Goshawk run-off at Lloyd’s
Acquired Transport Insurance Company from American Financial Group

2003
Formed Cavell Managing Agency Limited for run-off
Acquired Cavell Management Services Ltd, following expiration of 3 year non-compete

2000
Acquired La Metropole S.A., a Belgian regulated company in run-off
Sold Eastgate (then with 1500 employees and US $150m p.a. turnover) to Capita Group plc
Acquired US service operation from Eastgate

1996
Formed Dukes Place (Bermuda Fund) to acquire solvent insurance company in run-off

1995
Following substantial expansion, UK servicing business renamed ‘Eastgate’

1992
Acquired contract to manage Gooda Walker syndicates (in run-off)
Acquired Ludgate Insurance Company (Weavers Pool run-off) from MMI/St. Paul

1991
Group formation