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Philip Barnes

Non-Executive Director

Philip Barnes is a Chartered Accountant and has worked in the insurance industry for 30 years.

After qualifying with a national firm of accountants in the UK, Philip moved to Bermuda in 1984 where he continued his career with Deloitte. In 1986, Philip joined the Insurance management operations of Alexander & Alexander which was subsequently acquired by Aon.

During his 25 year career with Aon, Philip oversaw the growth and development of the Bermuda office into the leading manager of captives and reinsurance companies on the island. During this time, Philip served on the Executive Committee of the Bermuda Insurance Managers Association, including two years as President in 2007/8.

Philip was appointed to the Bermuda Insurance Advisory Committee in 2005 and continues as an active member of this key Government-appointed committee.

Philip left Aon at the end of 2010 after 12 years as Managing Director and since then has undertaken several consulting and advisory appointments. He is currently the President of the Jardine Matheson operations in Bermuda and also holds a number of non-executive directorships of Bermuda insurance and reinsurance companies.

Latest News

A.M. Best affirms A- financial strength rating for R&Q companies
A.M. Best affirms A- financial strength rating for R&Q companies

A.M. Best has affirmed the Financial Strength Ratings of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a -“ of Accredited Surety and Casualty Company, Inc. (“ASC”) and Accredited Insurance (Europe) Limited (“AIEL”). ASC and AIEL are wholly owned …

Posting of Circular
Posting of Circular

Further to the announcement made on 7 February 2019 by the Company that it has conditionally raised gross proceeds of approximately £100 million through an oversubscribed placing of new ordinary shares (the “Placing”) and it is proposing to raise gross …

Placing and Open Offer
Placing and Open Offer

R&Q is pleased to announce that it has conditionally raised gross proceeds of approximately £100 million through an oversubscribed placing of new Ordinary Shares to investors and is proposing to raise gross proceeds of up to a further c. £7 million …