• Strategy
  • Innovation
  • Expertise

R&Q writes Adverse Development Cover to a Risk Retention Group

9 March, 2018

Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce the issuance of adverse development reinsurance covering medical professional liability and general liability risks. This coverage was written by R&Q’s wholly owned A- admitted carrier, Accredited Surety and Casualty Company, Inc. for the benefit of a U.S. domiciled Risk Retention Group (“RRG”) and provides $70m of coverage to protect the RRG from downside risk on their legacy insurance program.

Ken Randall, Chairman and Chief Executive Officer of R&Q, explained “This transaction adds to the continued development of exit solutions to risk retention groups within the U.S. We are excited to expand our capabilities using Accredited Surety & Casualty to assist in solving various issues that arise on legacy liabilities for RRG’s, self-insurers, and corporates within the U.S.”

Accredited Surety & Casualty Inc (Accredited) is a wholly owned subsidiary of the R&Q Group. Forty-five years old and headquartered in Florida, Accredited is an A.M. Best A- (Excellent) rated insurance company that is licensed in all fifty states to write admitted business.

Click here for the full Press Release

R&Q writes Adverse Development Cover to a Risk Retention Group

Latest News

Distribution of Annual Report & Accounts
Distribution of Annual Report & Accounts

Randall & Quilter Investment Holdings Ltd. (AIM:RQIH), the global program underwriting management and legacy acquisitions specialist, is pleased to confirm that its 2018 Annual Report & Accounts have been posted on this website – click here. Click here for the full …

Appointment of Executive Director and Senior Management Changes
Appointment of Executive Director and Senior Management Changes

The Board of Randall & Quilter Investment Holdings Ltd., the non-life legacy insurance investor and capacity provider of US and European MGA program business, today announces that Ken Randall is to step down as Group CEO, but will be continuing …

R&Q at AIRMIC 2019
R&Q at AIRMIC 2019

Susan Young, Chief Risk Officer at R&Q, actively participated in the following thought leadership workshops at the recent AIRMIC conference. Susan successfully facilitated a panel discussion made up of industry experts on this topic. Areas covered included the timing of …