R&Q

R&Q founder Randall sells $1mn shares

Ken Randall, the founder of the Bermuda-headquartered legacy acquisitions and program management firm Randall & Quilter Investment Holdings Ltd (R&Q), has sold £760,000 of company equity ($1mn), a filing with the London Stock Exchange confirmed today.

R&Q acquires Vermont-based captive

Legacy specialist and program manager R&Q has acquired a run-off captive insurer domiciled in Vermont.

R&Q accelerates plans for 2020 legacy sidecar and dedicated fund

The legacy acquisitions and program management firm Randall and Quilter (R&Q) is accelerating plans to add firepower to its run-off arm with third-party managed funds because of the growing number of opportunities emerging from the post-Covid-19 market.

Scor, R&Q and Travelers add their support to civil rights movement

Executives from French reinsurer Scor, UK-based legacy and programs specialist R&Q and US-giant Travelers have added their support to the civil rights movement that has arisen across the US and reiterated their commitment to diversity and inclusion.

R&Q buys NationBuilders captive

Expansive London-listed R&Q has agreed a deal to buy Washington DC domiciled captive NationsBuilders Insurance Company (NBIC) through its wholly owned Vermont subsidiary ICDC.

R&Q secures exclusivity with RenRe for £470mn Lloyd’s legacy book

London-listed R&Q has been awarded exclusivity by RenRe with a view to taking over a circa £470mn ($590mn) back years casualty book written through its Lloyd’s syndicate which would free up solvency capital for the Bermudian (re)insurer, The Insurer can reveal.

HIIG completes $95mn LPT with R&Q

Randall & Quilter Investment Holdings (R&Q) has announced a $95mn loss portfolio transfer (LPT) with the US insurance group HIIG, in a back years’ deal first revealed by The Insurer.

R&Q shares climb 14% as analysts welcome FY results

Shares in legacy acquisitions and program management firm Randall & Quilter (R&Q) closed up almost 14 percent today as investors and analysts welcomed the group’s 2019 results, which included a 180 percent increase in pre-tax profits to £40mn ($49.6mn) and an upbeat outlook on market prospects.

R&Q hires Bank of America’s Tom Solomon as CFO

London-listed R&Q Investment Holdings Ltd has completed its search for a new CFO with the appointment of Bank of America investment banker Thomas (Tom) Solomon as CFO, the London-listed firm announced this morning.

R&Q adds to board with Shore Capital co-founder Flanagan

Non-life run-off specialist Randall & Quilter has appointed former financial analyst Eamonn Flanagan to the board as an independent non-executive director.

Black Forest Reinsurance Consulting launches in Continental Europe

A new run-off focused firm, Black Forest Reinsurance Consulting – which is led by Jens Ziser – has been set-up to provide (re)insurance consulting services out of Germany.

Expanding $790bn run-off market will lead to more deals in 2020

Yesterday, R&Q defied the volatile market conditions and raised $100mn (£80mn) in fresh equity in part to take advantage of new opportunities in its core legacy space expected to emerge from the fall-out of the Covid-19 crisis.

R&Q pens £60mn LPT with Hamilton Syndicate 3334

Legacy specialist R&Q has sealed a deal with Bermudian carrier Hamilton for a £60mn ($74.5mn) loss portfolio transfer (LPT) of its Lloyd’s syndicate 3334, The Insurer can reveal.

Hiscox and R&Q: when is first move an advantage?

R&Q is making a habit of ballsy spring time capital raises. In March 2019, it raised £107mn from the equity markets, the equivalent of circa 40 percent of its then market cap.

R&Q unveils $100mn equity raise backed by 777 Partners and Hudson Structured

London-listed R&Q has raised $100mn in fresh equity as it expects the Covid-19 crisis to create “considerable future opportunity” for the group’s legacy acquisitions and program underwriting services, the company announced this morning.

R&Q pens loss portfolio transfer with self-storage insurer Repwest

Randall & Quilter Investment Holdings (R&Q) has entered into a loss portfolio transfer (LPT) reinsurance contract and transfer agreement with the Amerco-owned Repwest Insurance Company.

R&Q acquires US workers comp and GL book from ICIICL

Randall & Quilter Investment Holdings (R&Q) has agreed to acquire the entire issued share capital of ICI Insurance Company Limited (‘ICIICL’).

R&Q shares climb 10 percent as European rally fizzles out

Shares in legacy acquirer and program specialist Randall & Quilter (R&Q) surged over 10 percent in afternoon trading in London after modest rallies across European equities fizzled out before US markets opened on Tuesday.

R&Q the reinsurer behind HIIG’s loss portfolio transfer

The recently announced Houston International Insurance Group (HIIG) loss portfolio transfer (LPT) was written by Randall & Quilter Investment Holdings (R&Q) with Guy Carpenter acting as reinsurance broker, The Insurer can reveal.

R&Q inks Part VII transfer of legacy portfolio with Anglo-French

Legacy specialist R&Q, through its wholly owned subsidiary R&Q Gamma, has completed the transfer of back-year US liability insurance underwritten by Anglo-French Ltd.

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