• Strategy
  • Innovation
  • Expertise

R&Q completes novation from a Cayman captive

24 December, 2015

Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce the novation of liabilities for policy years 2000 – 2003 from Golden Rule, Ltd., a Cayman domiciled entity, to the R&Q owned segregated account company R&Q Quest (SAC) Limited.

Golden Rule is domiciled in the Cayman Islands. The captive provided Workers’ Compensation, General Liability, Auto Liability and Auto Physical Damage coverage to its members through reinsurance beginning on January 1, 2000. These policies were fronted by Travelers Indemnity Company.

Ken Randall, Chairman and Chief Executive Officer of R&Q, explained “We are pleased to complete this novation. It is another transaction that demonstrates our market leading position in providing captive exit solutions and we are pleased to have executed another deal in Cayman, one of the world’s premier captive domiciles”.

Click here for the full Press Release

R&Q completes novation from a Cayman captive

Latest News

Notice of General Meeting and Proposed Return of Capital
Notice of General Meeting and Proposed Return of Capital

Following the announcement of the Group’s interim results on 6 September 2019, the Board of Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) (“Company”), the Bermuda based global program underwriting management and legacy acquisitions specialist, is pleased to confirm that a …

Interim results for the 6 months ended 30 June 2019
Interim results for the 6 months ended 30 June 2019

The Board of Randall & Quilter Investment Holdings Ltd. (AIM-RQIH), the specialist non-life Legacy insurance investor and capacity provider to the US and European MGA Business, announces the Group’s interim results for the 6 months ended 30 June 2019. Financial …

Retirement of Director
Retirement of Director

The Company today announces the retirement of Mr Michael Smith as a Non- Executive Director of the Company. He has also today stood down as Chair of the Company’s Remuneration and Nominations Committee and Reinsurance Asset Committee, and as the …