19 February, 2018
On 20 December 2017 Randall & Quilter (R&Q) announced it had reached agreement with Hamilton Underwriting Limited (Hamilton) to provide capital, in conjunction with AXA DBIO, to support the Reinsurance to Close (RITC) of Syndicate 3334’s 2014 and prior years of account.
We are now pleased to announce that all of the necessary approvals have been obtained and the transaction has completed, with an inception date of 1st January 2018.
As previously announced, the RITC has been written by Syndicate 3330, managed by Coverys Managing Agency and consists of net reserves of circa £30m.
Commenting on the transaction, Ken Randall, Chairman and CEO of R&Q said:
“We are pleased to have concluded this RITC with Hamilton in respect of the run-off of their legacy Sportscover business. We continue to build on our relationship with Coverys Managing Agency and are delighted to have a strong partner in AXA Liabilities Managers. We look forward to completing further Lloyd’s legacy transactions in the future, building on the recent success here.”
Click here for the full Press Release
Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) (the “Company”), the global program management and legacy acquisitions specialist, today held the General Meeting referred to in the notice to shareholders of the Company dated 6 May 2020. The resolutions to allot …
The Board of Directors of Randall & Quilter Investment Holdings Ltd., the non-life global specialty insurance company focusing on the Program Management and Legacy Insurance businesses, today announces the appointment of Thomas (Tom) Solomon as Group Chief Financial Officer (CFO). …
Randall & Quilter Investment Holdings Ltd., the non-life legacy insurance investor and capacity provider of US and European MGA program business, is pleased to announce the appointment of Eamonn Flanagan to the Board as an independent non-executive director of the …