Reinsurance News

R&Q hires Darren Bailey to develop run-off and legacy business

15th August 2018 - Author: Matt Sheehan -

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Randall & Quilter (R&Q) has added Darren Bailey to its Mergers & Acquisitions (M&A) Business Development team, where he will be tasked with helping to develop the company’s run-off and legacy transactions.

darren-baileyBailey will develop solutions that support R&Q’s innovative approach to the legacy insurance and reinsurance investments sector, and which fit with the current re/insurance market and the appetite of institutional investors.

He joins R&Q from Aon, where he most recently served as the Head of Capital Markets for Europe at Aon Securities.

Prior to this, he worked as a Director in the Aon Insurance Management team, leading insurance-linked securities (ILS) business development for the EMEA region.

Bailey has also previously worked as a Senior Underwriter at AIG, where he focused on alternative risk transfer and structured solutions, and spent an earlier seven years at Aon in a variety of risk finance and actuarial consulting roles.

Paul Corver, Group Head of M&A at R&Q, commented on the appointment: “R&Q has been innovating in the legacy space for over 25 years and with Darren Bailey now joining the team we can tap into his wealth of experience to push the boundaries further as to how legacy is transacted.”