13 March, 2018
Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce the assignment of insurance liabilities under deductible policies.
The underlying liabilities relate to workers’ compensation policies issued to a US corporate from a large US carrier. This transaction allowed the carrier to assign the insurance liabilities under the deductible policies, therefore providing full finality to the corporate, while keeping the original carrier fully collateralized.
Ken Randall, Chairman and Chief Executive Officer of R&Q, explained “We are excited to continue to provide unique exit solutions for legacy insurance liabilities to U.S. corporates. This transaction further demonstrates the depth of our penetration into providing innovative solutions to North American self-insured risks.”
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