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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”.
The specialist UK Professional Indemnity MGA Inperio (London) Limited (“Inperio”) has worked with the European program underwriter Accredited Insurance (Europe) Limited (‘’AIEL’’), R&Q ‘s A.M. Best A- (Excellent) rated European insurance company, to launch the first professional indemnity policy focused …
Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce that its wholly owned subsidiary Accredited Insurance (Europe) Limited has completed the transfer of business from Lansen Försäkringsaktiebolag (Lansen), a wholly owned subsidiary of SAAB Aktiebolag (“SAAB”). The transfer …
R&Q is pleased to announce it has acquired the Montana captive insurer, Vigneron Insurance Company, Inc. (“VICI”), from a wholly owned private investment holding company with diverse holdings in a variety of industries, real estate, marketable securities and other investments. …