Reinsurance News
Randall & Quilter
R&Q completes new deals with self-insurer & Cayman captive
10th January 2019
Randall & Quilter Investment Holdings Ltd., the Bermuda-based specialist non-life insurance and reinsurance investor, has completed two new reinsurance transactions with a Vermont based self-insurer and a Cayman domiciled group captive. R&Q announced that it had assumed the workers’ compensation liabilities of the self-insurer through it’s A- rated U.S carrier Accredited ... Read the full article
R&Q’s Accredited enters program underwriting partnership with Kitsune
7th January 2019
Accredited Insurance (Europe), a wholly owned European subsidiary of Randall & Quilter Investment Holdings (R&Q), has entered into a new program underwriting partnership with Kitsune Limited. Kitsune is a UK-based Managing General Agent (MGA) that provides private motor insurance. Colin Johnson, Chief Executive Officer (CEO) of European Program Management at R&Q, explained ... Read the full article
R&Q’s Accredited forms program underwriting partnership with CPD
3rd January 2019
Accredited Insurance (Europe), a wholly owned European subsidiary of Randall & Quilter Investment Holdings (R&Q), has entered into a new program underwriting partnership with CPD Underwriting Solutions. CPD is a UK Managing General Agent (MGA) that provides both private motor and household insurance. The announcement follows a series of other program underwriting ... Read the full article
R&Q ties up two run-off transactions in California
28th November 2018
Randall & Quilter Investment Holdings has announced the completion of a transaction to provide full finality to a California based self-insurer by R&Q’s wholly owned subsidiary, Accredited Surety and Casualty Company. This deal marks the second transaction with a self-insurer in California and the fifth nationwide over the past two years. “We ... Read the full article
R&Q on track to substantially exceed profit expectations in 2018
20th September 2018
Specialist non-life insurance and reinsurance investor, legacy or run-off transaction service provider and underwriting manager, Randall & Quilter Investment Holdings Ltd. (R&Q), has reported that its first-half 2018 pre-tax profits increased by 40% year-on-year, with full-year profits expected to "substantially exceed market expectations". The firm's solid performance in the first-half of the ... Read the full article
R&Q announces corporate restructure, establishes newly named unit, Accredited
7th September 2018
R&Q Investment Holdings Ltd. has announced a corporate restructuring to establish a newly named unit, Accredited, which comprises its U.S. and European program management business. At the same time, this restructuring is a renaming of R&Q’s Malta-based insurance platform, R&Q Insurance (Malta) Limited, to Accredited Insurance (Europe) Limited, effective immediately. Todd Campbell will jointly ... Read the full article
R&Q hires Darren Bailey to develop run-off and legacy business
15th August 2018
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. Bailey will develop solutions that support R&Q’s innovative approach to the legacy insurance and reinsurance investments sector, and which ... Read the full article
R&Q’s Accredited enters new program underwriting partnership with Atlas
1st August 2018
Randall & Quilter Investment Holdings Ltd. (R&Q) has announced that its wholly owned subsidiary, Accredited Surety & Casualty Company, Inc has closed its largest ever program underwriting partnership with Atlas General Services Insurance LLC. Accredited, which is a Florida-based insurance company licensed to write admitted business in all 50 U.S states, ... Read the full article
R&Q’s Accredited enters program underwriting partnership with Florida MGA
26th April 2018
Accredited Surety & Casualty Company, a wholly owned subsidiary of Randall & Quilter Investment Holdings (R&Q), has entered a program underwriting partnership with Florida-based MGA Renaissance Managing General Agency. Accredited, which is also headquartered in Florida, has agreed to act as the program underwriting manager on behalf of Renaissance and as ... Read the full article
R&Q’s Accredited commences program underwriting partnership with American Team Managers
11th April 2018
R&Q Investment Holdings Ltd (R&Q) subsidiary, Accredited Surety & Casualty Company Inc (Accredited) has announced a new program underwriting partnership with American Team Managers (ATM), effective April 1st, 2018. Under the new partnership, Accredited will act as the insurer on behalf of ATM, an independently owned insurance MGA focused on providing cargo ... Read the full article
R&Q finalises assignment of large deductible liabilities
13th March 2018
Randall & Quilter Investment Holdings Ltd. (R&Q) has announced the assignment of insurance liabilities under deductible policies from a U.S manufacturer. R&Q has stated that the underlying liabilities relate to workers’ compensation policies that were issued by a large U.S carrier to a U.S corporate. The terms of the deal meant the ... Read the full article
R&Q issues adverse development reinsurance to risk retention group
9th March 2018
Randall & Quilter Investment Holdings Ltd. (R&Q) has announced the issuance of a $70 million adverse development cover reinsurance policy to a U.S domiciled risk retention group (RRG). Written by Accredited Surety and Casualty Company, Inc. (Accredited), R&Q’s wholly owned A- admitted carrier, the reinsurance covers medical professional liability and general ... Read the full article
Randall & Quilter completes reinsurance-to-close of Hamilton legacy book
19th February 2018
Randall & Quilter (R&Q) has announced the completion of its previously announced agreement to provide capital in conjunction with AXA DBIO to support the Reinsurance to Close (RITC) of Hamilton Underwriting's Syndicate 3334’s 2014 and prior years of account. The RITC consists of net reserves of about £30 million and ... Read the full article
R&Q’s rating for its Malta subsidiary “an important step”
7th February 2018
R&Q Investment Holdings' (R&Q) European subsidiary R&Q Insurance Malta has received an A- (excellent) credit and financial strength rating from A.M. Best, which the CEO called "an important step" in the firms development. In addition, A.M. Best gave the R&Q Group a bbb- rating with a stable outlook for R&Q. R&Q called ... Read the full article
Davies Group to acquire R&Q unit for £20 million
15th January 2018
Randall & Quilter Investment Holdings (R&Q) has announced the sale of its Insurance Services and Captive Management Operations to consultancy and digital solutions provider Davies Group, at an agreed valuation of £20 million (US$28mn). Davies will pay a net cash consideration, after deducting net debt applicable to the businesses, of approximately £18.6 ... Read the full article
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