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IN BRIEF: Randall & Quilter Acquires Vermont-based Captive Insurer

26th Jun 2020 15:49

Randall & Quilter Investment Holdings Ltd - Bermuda-headquartered insurance services company - acquired a captive insurer based in Vermont but did not disclose how much was paid for the purchase. It said the the company - which is now in run-off - wrote workers' compensation, general, and auto liability coverage to its parent and affiliates. States it will merge the newly-bought company into its Vermont captive consolidator insurer ICDC Ltd.

Current stock price: 163.68 pence

Year-to-date change: down 4.3%

By Ife Taiwo; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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