R&Q’s roots are in run-off and the Company remains committed to providing legacy solutions for both Lloyd’s and company underwriters.
Syndicate 3330 is R&Q’s specialist run-off vehicle and was formed to accept the reinsurance to close (“RITC”) of orphan syndicates from the 2017 year of account.
On 1 January 2012, Syndicate 3330 accepted the RITC of Syndicate 1208 for the 2007 year of account into its 2012 year of account. At 31 December 2014, the 2012 year of account was Reinsured to Close in to the 2014 year of account.
With effect from 1 January 2014 the syndicate reinsured Syndicate 102’s 2011 year of account into 2014 year of account. Syndicate 102 was also managed by R&Q. Subsequently, the 2014 year of account was closed at 31 December 2016 into the 2017 year of account.
On the 30 October 2017, R&Q agreed with ProSight Specialty Insurance to novate the management of its legacy Syndicate 1110 with a view to eventually RITC into Syndicate 3330 (click here for press release).
We can offer full RITC to provide finality for Lloyd’s syndicates, using both R&Q and external capital.
We are also able to consider the reinsurance of specific portfolios.
Syndicate 3330 reinsures a number of underlying syndicates
Capacity can be provided by R&Q and 3rd parties
Randall & Quilter Investment Holdings Ltd. (“Randall & Quilter”) today announces the appointment of Barclays Bank PLC (“Barclays”) as its joint corporate broker with immediate effect. Barclays will work alongside Randall & Quilter’s existing corporate broker and nominated adviser, Numis …
The Company has been notified that on 6 January 2021 Alan Quilter, the Chief Executive Officer of the Company, sold his interest in 400,000 ordinary shares in the Company. Mr Quilter continues to hold 2,078,091 ordinary shares which represents 0.93% …
Further to its announcements on 19 August 2020 and 21 August 2020, Randall & Quilter Investment Holdings Ltd. (“R&Q”), is pleased to announce that its wholly owned UK subsidiary, Randall & Quilter II Holdings Limited, has received regulatory approval and …