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Notice of Results

1st Apr 2016 07:00

RNS Number : 7906T
Randall & Quilter Inv Hldgs Ltd
01 April 2016
 

 

Randall & Quilter Investment Holdings Ltd.

 

Notice of Results

 

1 April 2016

 

Randall & Quilter Investment Holdings Ltd. ("R&Q") announces that its preliminary results for the year ended 31 December 2015 will be announced on the 25 April 2016.

 

Ends

 

Enquiries to:

 

 

Randall & Quilter Investment Holdings Ltd.

www.rqih.com

Tom Booth

Tel: +1 441 247 8330

 

Numis Securities Limited

Stuart Skinner (Nominated Adviser)

Tel: 020 7260 1000

Charles Farquhar (Broker)

Tel: 020 7260 1000

 

Shore Capital Stockbrokers Limited

Dru Danford / Stephane Auton

 

Tel: 020 7408 4090

FTI Consulting

Edward Berry/Tom Blackwell

 

 

Tel: 020 3727 1046

 

Notes to Editors:

 

About R&Q

Randall & Quilter pursues a buy and build strategy and has created a comprehensive range of investment activities and services in the global non-life insurance market.

 

R&Q is focused on the following three core areas:

 

· Insurance Investments

· Insurance Services

· Underwriting Management

 

The Group:

 

· provides a range of services to both the live and legacy (re)insurance markets to support growing businesses and address complex and challenging run-off issues;

 

· has a team of over 400 insurance professionals based in the UK, US, Bermuda, and Europe with wide service capability in both the 'live' and 'run-off' markets;

 

· owns and manages a portfolio of insurance companies, both active and in run-off, in the UK, US and Europe with net assets of £114.5m as at 30 June 2015;

 

· owns an admitted P&C Insurer, A- rated by AM Best, with licenses throughout the US; owns a Bermuda Class 3A insurance company which currently supports the Group's syndicate participations;

 

· launched Syndicate 1991, which commenced underwriting from January 1, 2013 and has an agreed capacity of £130m for 2016, manages one RITC ('run-off') syndicate, 3330, and owns and operates an MGA platform;

 

· acquires and manages a portfolio of insurance receivables, with a carrying cost of £12.7m as at 30 June 2015, of which R&Q holds a 50% interest

 

The Group was founded by Ken Randall and Alan Quilter in 1991.

 

Website: www.rqih.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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