• Strategy
  • Innovation
  • Expertise

R&Q provides legacy reinsurance for a Bermuda domiciled captive

22 August, 2019

Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce the issuance of a reinsurance agreement to assume the legacy liabilities from the Bermudian captive of a US based airline. The reinsurance is written by the R&Q owned A- rated carrier, Accredited Insurance (Europe) Limited. This agreement follows a similar deal struck last year with the same counterparty and is now providing economic relief for additional policy years.

Ken Randall, Executive Chairman of R&Q, explained “We are pleased to complete this follow-on transaction and build on our previous knowledge of the book and our client to again deliver an exit solution. We are always thrilled when mutual success on a particular deal leads to re-engagement with that counterparty on future transactions.”

Click here for the full press release.

R&Q provides legacy reinsurance for a Bermuda domiciled 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 …