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22 August, 2019
Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce the issuance of a reinsurance agreement to assume the legacy liabilities from the Bermudian captive of a US based airline. The reinsurance is written by the R&Q owned A- rated carrier, Accredited Insurance (Europe) Limited. This agreement follows a similar deal struck last year with the same counterparty and is now providing economic relief for additional policy years.
Ken Randall, Executive Chairman of R&Q, explained “We are pleased to complete this follow-on transaction and build on our previous knowledge of the book and our client to again deliver an exit solution. We are always thrilled when mutual success on a particular deal leads to re-engagement with that counterparty on future transactions.”
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