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R&Q writes facultative reinsurance certificate to a large US carrier

30 October, 2018

Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce the issuance of a facultative reinsurance certificate to a large US P&C carrier. The collateralized reinsurance policy was written from a cell within R&Q’s wholly owned subsidiary, R&Q Quest Insurance Limited.

The underlying liabilities covered by the reinsurance relate to the deductibles of workers’ compensation policies issued between 2013 and 2016 to a US corporate. This policy allowed the carrier to commute the deductible coverage with the corporate, therefore providing full finality to the corporate while remaining fully collateralized.

Ken Randall, Chairman and Chief Executive Officer of R&Q, explained “We are pleased to complete another facultative reinsurance with a large US carrier. This transaction is yet another example of R&Q’s innovative structures which allowed the carrier to provide full finality to its client through a partnership with R&Q.”

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R&Q writes facultative reinsurance certificate to a large US carrier

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