• Strategy
  • Innovation
  • Expertise

R&Q completes assignment of corporate large deductible liabilities

21 September, 2017

Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce the assignment of insurance liabilities under deductible policies.

The underlying liabilities relate to workers’ compensation policies issued between 1988 and 2012 to a US corporate from a large US carrier. This transaction allowed the carrier to assign the insurance liabilities under the deductible policies, therefore providing full finality to the corporate, while keeping the original carrier fully collateralized. The outstanding liabilities are estimated to be circa $24m.

Ken Randall, Chairman and Chief Executive Officer of R&Q, commented: “We are pleased to complete this assignment with a large US carrier. This transaction is a further example of R&Q’s innovative structures which allowed the carrier to provide full finality to its client through a partnership with R&Q while keeping the original carrier fully collateralized.”

Click here for the full Press Release

R&Q completes assignment of corporate large deductible liabilities

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 …