R&Q says deal boosts Malta business
Randall & Quilter said it has acquired the run-off business of Aegon Insurance Co.
R&Q said the AIC general insurance business has been in run-off since 1994, and was acquired by life company Guardian Assurance in 2002.
R&Q chairman and chief executive Ken Randall said the deal demonstrates “that R&Q can assist Insurers in managing their business”.
“This transaction adds further to the scale of R&Q Insurance (Malta), and allows a life insurer to concentrate on its core business by divesting the general insurance risks from its portfolio,” he said.
Earlier this week, R&Q reported first half pre-tax profit of £1.2m, against a loss of £4.5m a year earlier.
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.
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.
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