• Strategy
  • Innovation
  • Expertise

R&Q writes deductible reimbursement policy

13 December, 2016

Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce that Accredited Surety and Casualty (“Accredited”), its wholly owned AM Best ‘A-‘ rated US admitted insurer, has written a deductible reimbursement policy to a large US manufacturer covering all of its outstanding and future claims arising from the deductibles on workers’ compensation legacy policies written between 1996 and 2015. The estimated undiscounted liabilities assumed are c. $14.1m.

Ken Randall, Chairman and Chief Executive Officer of R&Q, said “We are delighted to write this deductible reimbursement policy to a well-known US manufacturer, looking to find an exit solution for its balance sheet legacy workers’ compensation liabilities.  This transaction is further proof of our continuing success and product expansion in the US legacy market.”

Click here for the full Press Release

R&Q writes deductible reimbursement policy

Latest News

Allotment of Shares
Allotment of Shares

The Company has issued and allotted a total of 735,895 new ordinary shares of 2p each (“Ordinary Shares”) to an employee as part of their remuneration package. Application has been made to the London Stock Exchange for the admission of …

Notification pursuant to AIM Rule 17
Notification pursuant to AIM Rule 17

Notification pursuant to AIM Rule 17 comprising a notification relating to a relevant change by a significant shareholder in the Company The Company was notified on 4 October that Slater now holds an aggregate of 21,649,842 ordinary shares in the …

R&Q appoints CEO for Legacy Insurance
R&Q appoints CEO for Legacy Insurance

Randall & Quilter Investment Holdings Ltd, (AIM-RQIH) (“R&Q”), the leading non-life global specialty insurance company focusing on Program Management and Legacy Insurance businesses, is pleased to announce the appointment of Andrew (Andy) Pinkes as Global CEO of R&Q’s Legacy Insurance …