R&Q will amalgamate acquisition into its Capstan consolidation vehicle in Guernsey
Randall & Quilter said it has bought Rank Insurance Ltd (RIL), a captive company now in run-off, from Rank Overseas Holdings.
Regulatory approval for the acquisition has been granted and RIL will be amalgamated into Capstan Insurance, R&Q’s consolidation vehicle in Guernsey.
“This continues to demonstrate the ability of R&Q to provide exit solutions for end of life captive insurance companies,” said Ken Randall, chairman and chief executive of R&Q.
“This is one of a number of current transactions we have been assessing and we remain excited about our legacy acquisition pipeline.”
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.





































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