• 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 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 …