R&Q will amalgamate acquisition into its Capstan consolidation vehicle in Guernsey

Acquisition 450

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.”

 

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.