• Strategy
  • Innovation
  • Expertise

R&Q completes Loss Portfolio Transfer with California based insurance group

20 June, 2017

Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce it has written a Loss Portfolio Transfer reinsurance contract to cover the livery, trucking, and contractors’ liability programs issued between 2007 and 2015 by a California based insurance group.  As part of the transaction, R&Q will assume the claims handling responsibilities for the carrier.  The estimated undiscounted liabilities assumed are c. $43m. R&Q worked in conjunction with Willis Re to successfully complete this transaction.

Ken Randall, Chairman and Chief Executive Officer of R&Q, commented:

“We are pleased to provide a solution incorporating claims handling with a traditional LPT contract, which further demonstrates our ability to provide exit solutions to counterparties.  This LPT demonstrates Accredited Surety & Casualty’s expanded capabilities on the U.S. west coast and emphasizes our continued commitment to provide legacy liability solutions within the North American market. To complete this deal so shortly after another similar sized LPT contract is further proof of our increased level of activity in the legacy market, especially pleasing in the first half of the year.”

Click here for the full Press Release

R&Q completes Loss Portfolio Transfer with California based insurance group

Latest News

Notice of Results
Notice of Results

Randall & Quilter Investment Holdings Ltd, (AIM-RQIH), the leading non-life global speciality insurance company focussing on Program Management and Legacy Insurance businesses, announces that it expects to publish its results for the year ended 31 December 2020 on the 24 …

William Spiegel succeeds Ken Randall as Executive Chairman
William Spiegel succeeds Ken Randall as Executive Chairman

Ken Randall retires 30 years after co-founding the Company. Randall & Quilter Investment Holdings Ltd, (AIM-RQIH) (“R&Q”), the leading non-life global speciality insurance company focussing on Program Management and Legacy Insurance businesses, today confirms that, further to the announcement made …

70 million senior unsecured floating rate notes due 2028 – passing of Written Resolution
70 million senior unsecured floating rate notes due 2028 – passing of Written Resolution

Notice of passing of a Written Resolution Randall & Quilter Investment Holdings Ltd. (the “Issuer”) announces that the written Noteholders’ resolution put to the Noteholders on 24 March 2021 (the “Resolution”) has been passed by the requisite majority. The Issuer …