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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.”
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