28 November, 2018
Transaction from California self-insured
Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce the completion of a transaction to provide full finality to a California based self-insurer by R&Q’s wholly owned subsidiary, Accredited Surety and Casualty Company, Inc. (“Accredited”). This is the second transaction with a self-insurer in the state of California and the fifth across the U.S. over the past 2 years.
Ken Randall, Chairman and Chief Executive Officer of R&Q, explained: “We continue to provide solutions to the self-insurer space and this transaction shows our ability to build upon previous success and experiences with various states across the U.S.”
Novation for Cayman based Group Captive
R&Q is also pleased to announce the completion of a novation of the workers’ compensation and commercial auto liabilities of a Cayman based group captive that provided coverage to trucking companies located throughout the U.S. The liabilities were novated into R&Q’s segregated account company in Bermuda. R&Q was able to provide a solution to the captive that provided full finality on its older insurance years. R&Q continues to remain capable and enthusiastic to meet the captive market’s growing demand for exit solutions related to legacy liabilities.
Ken Randall, Chairman and Chief Executive Officer of R&Q, explained “We are delighted to complete another novation with a group captive. This transaction shows our continued focus on being the go-to counter-party for exit solutions in the captive market.”
Click here for the full press release
Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce the issuance of a reinsurance agreement to assume the legacy liabilities from the Bermudian captive of a US based airline. The reinsurance is written by the R&Q owned A- …
Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce that its wholly owned subsidiaries, Accredited Surety and Casualty Company, Inc. (“Accredited US”) and Accredited Insurance (Europe) Limited (“Accredited Europe”), have recently completed a number of new program partnerships …
R&Q is pleased to announce the issuance of a loss portfolio transfer reinsurance covering workers’ compensation, product, auto, and general liability risks. This coverage was written by R&Q’s wholly owned A- admitted carrier, Accredited Surety and Casualty Company, Inc. for …