Run off boss remains optimistic

Run off specilaist Randall & Quilter posted a profit before tax of £8.8m (2007: £7.0m) for the year ending 31 December 2008.

However, its profit after tax declined to £6m (£8.1m). Net assets increased 8% to £80.9m (2007: £74.7m).

Ken Randall, chairman and chief executive officer of Randall & Quilter, said: “This is an excellent set of results demonstrating the strength of our business model which has produced growth despite unprecedented turbulence in the capital markets. Each of our three trading divisions has performed well, generating combined operating profits of £12.7m, up by 26% on 2007. I expect to report further expansion in all areas in 2009.”

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.