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. (AIM:RQIH), the global program underwriting management and legacy acquisitions specialist, is pleased to confirm that its 2018 Annual Report & Accounts have been posted on this website – click here. Click here for the full …
The Board of Randall & Quilter Investment Holdings Ltd., the non-life legacy insurance investor and capacity provider of US and European MGA program business, today announces that Ken Randall is to step down as Group CEO, but will be continuing …
Susan Young, Chief Risk Officer at R&Q, actively participated in the following thought leadership workshops at the recent AIRMIC conference. Susan successfully facilitated a panel discussion made up of industry experts on this topic. Areas covered included the timing of …