• Strategy
  • Innovation
  • Expertise

R&Q writes Novation for Barbados based captive

20 September, 2018

Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce the novation of the commercial general liabilities of a Barbados based captive which reinsured the liabilities of its Canadian corporate parent. The liabilities were novated into R&Q’s Bermuda based segregated account company.

Ken Randall, Chairman and Chief Executive Officer of R&Q, explained “We are delighted to have completed this transaction which further broadens R&Q’s field of activity across North America and the Caribbean.  We continue to work diligently with a number of captive owners on solutions for partial or full disposal of their liabilities freeing up capital and removing management distractions.”

Click here for the full press release

R&Q writes Novation for Barbados based captive

Latest News

Directors’ Shareholding/Total Voting Rights
Directors’ Shareholding/Total Voting Rights

The Company has been notified that on 11 July 2019 Alan Quilter, Joint Chief Executive Officer and Chief Financial Officer of the Company, sold 400,000 of his holding of ordinary shares in the Company. Mr Quilter continues to hold 2,992,088 …

Loss Portfolio Transfer
Loss Portfolio Transfer

Randall & Quilter Investment Holdings Ltd. (‘R&Q’ or ‘the Group’) is pleased to announce that its wholly owned subsidiary, Accredited Surety & Casualty Company Inc (‘ASCC’), has signed a loss portfolio transfer agreement with Northern California Regional Liability Excess Fund …

Acquisition Announcement
Acquisition Announcement

Randall & Quilter Investment Holdings Ltd. (‘R&Q’ or ‘the Group’) is pleased to announce that its wholly owned subsidiary, Randall & Quilter II Holdings Limited, has signed an agreement to acquire, subject to regulatory approval from the Bermuda Monetary Authority …