• Strategy
  • Innovation
  • Expertise

R&Q completes on two further transactions

10 January, 2019

Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce the completion of a transaction to assume the Workers’ Compensation liabilities of a Vermont based self-insurer by R&Q’s wholly owned A- rated carrier, Accredited Surety and Casualty Company, Inc (“Accredited”). The transaction provided full finality to the self-insurer and has removed the barrier for the ultimate dissolution of its Workers’ Compensation Trust. This marks R&Q’s sixth transaction with a self-insurer over the last 2 years.

R&Q is also pleased to announce the novation of reinsurance policies issued between 2002 and 2009 from a Cayman domiciled group captive. The policies were novated into the R&Q owned segregated account company, R&Q Bermuda (SAC) Limited.

The group captive provided Workers’ Compensation coverage to its members throughout the United States.

Ken Randall, Chairman and Chief Executive Officer of R&Q, commented: “These two transactions demonstrate our ability to once again provide exit solutions to the self-insurance space and reinforces our market leading position in providing captive exit solutions”.

Click here for the full press release

R&Q completes on two further transactions

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 …