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European Firm Marco Capital Holdings Acquires R&Q Gamma
European PC run-off group Marco Capital Holdings Ltd. said it has acquired R&Q Gamma, a unit of R&Q Insurance Holdings Ltd. The terms of the deal were not disclosed. The ...
Source: BestWire   Date: June 20, 2025
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Onex Closes on Acquisition of R&Q's Accredited Program Business
Accredited Surety and Casualty Co. Inc. and Accredited Insurance (Europe) Ltd., Enstar said in a separate statement. The coverage is for Accredited's assumed and underwritten ...
Source: BestWire   Date: June 28, 2024
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Provisional Liquidators Appointed as R&Q Directors Resign
Michael Morrison, Mark Allitt and Charles Thresh of Teneo (Bermuda) Ltd. were appointed as JPLs. Deutsche Numis then informed R&Q of its intention to resign immediately as ...
Source: BestWire   Date: June 27, 2024
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R&Q Sells Legacy Insurer Inceptum to Marco Capital for $14.3 Million
Marco is a Malta-based legacy acquisition group. The deal is conditional on completion of a previously announced sale of the shares in R&Q's program business Accredited to Onex ...
Source: BestWire   Date: June 24, 2024
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R&Q Seeks Provisional Liquidation Ahead of Program Business Sale
Accredited program business, R&Q said at the time. Underwriting entities of R&Q Insurance Holdings Ltd. have current Best's Financial Strength Ratings of A- (Excellent).
Source: BestWire   Date: June 20, 2024
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Liquidation Among Options as R&Q Considers Accredited Buyer's New Proposal
Accredited program business. The group said that in recent weeks it has progressed in discussions with investor Onex Corp. and other stakeholders to complete the sale and is ...
Source: BestWire   Date: June 13, 2024
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R&Q Enters Lock-up Pact With Lenders as Proceeds Shrink for Pending Accredited Sale
Accredited program business, R&Q said in a statement. Under terms of the agreement, R&Q and the locked-up parties agreed to indicative terms for a restructuring of certain of the ...
Source: BestWire   Date: April 25, 2024
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R&Q Warns of 'Significant' Loss on Reserve Development, Agrees to JV Sale
R&Q Insurance Holdings Ltd. expects a "signficant" pretax loss for 2023 on adverse development in its legacy business as it agreed to sell its stake in a joint venture to an ...
Source: BestWire   Date: April 12, 2024
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European Commission OKs Onex Acquisition of R&Q's Accredited Program Business
Randall & Quilter America Holdings Inc. (R&Q Accredited) by Onex Corp. of Canada, the EC said as it noted the transaction is related mainly to the markets for nonlife insurance and ...
Source: BestWire   Date: March 8, 2024
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Randall & Quilter Says Deal On Track, Will Close in Second Quarter
Quilter America Holding Inc., the holding company of program business Accredited, for $465 million. It cited unsustainable leverage. "R&Q currently expects closing of that sale to ...
Source: BestWire   Date: March 1, 2024
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R&Q Shareholders Approve Sale of Accredited Program Business
Shareholders of R&Q Insurance Holdings Ltd. approved the sale of the group's Accredited program business by a 55.22% to 44.78% margin. The approval came through a special general ...
Source: BestWire   Date: January 11, 2024
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Bermuda Regulator Seeks R&Q Actuarial Review, Pause on Certain Activities
Accredited to funds advised by Onex Corp. at a Jan. 11 special general meeting (BestWire, Dec. 14, 2023). The company published a shareholder circular and notice of the meeting to ...
Source: BestWire   Date: December 22, 2023
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R&Q Shareholders to Vote Jan. 11 on $465 Million Accredited Program Business Sale
Accredited to funds advised by Onex Corp. at a Jan. 11 special general meeting. The company published a shareholder circular and notice of the meeting to propose a vote on its ...
Source: BestWire   Date: December 14, 2023
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R&Q Signs $80 Million Loss Portfolio Transfer Deal With UK Auto Insurer
Randall & Quilter America Holding Inc., the holding company of program business Accredited, for $465 million, representing an expected equity value of about $438 million (BestWire, ...
Source: BestWire   Date: October 26, 2023
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Citing Unsustainable Leveraging, R&Q Announces $465 Million Accredited Sale to Onex
Citing unsustainable leveraging, R&Q Insurance Holdings Ltd. said it has reached a conditional agreement with funds advised by Onex Corp. to sell Randall & Quilter America Holding ...
Source: BestWire   Date: October 20, 2023
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R&Q Posts Widened Six-Month Loss on Legacy Adverse Development
Officer William Spiegel in a statement. "Accredited successfully grew GWP, fee income and pretax operating profit and continues to be a leading trans-Atlantic program manager, with ...
Source: BestWire   Date: September 29, 2023
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R&Q Confirms Accredited Sale Talks With Private Equity Firm Onex
Accredited program business. "The board of R&Q Insurance Holdings Ltd. notes the press commentary regarding a potential sale of the company's program management business, ...
Source: BestWire   Date: September 22, 2023
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AM Best Maintains Under Review Status for Accredited Companies; Withdraws Issuer Credit Rating of R&Q Insurance Holdings Ltd
Limited (AIEL) (Malta), collectively known as Accredited. Concurrently, AM Best has downgraded the Long-Term ICR to "bb" (Fair) from "bbb-" (Good) of R&Q Insurance Holdings Ltd ...
Source: Press Releases   Date: July 14, 2023
Best's Credit Rating Notification - R&Q Insurance Holdings Ltd
AM Best has made the following rating update: Company: R&Q Insurance Holdings Ltd AMB #: 033495 Current Best's Credit Ratings: Best's Long-Term Issuer Credit Rating (LT-ICR): bb u ...
Source: Rating Actions   Date: July 14, 2023
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AM Best Maintains Under Review Status for Accredited Companies; Withdraws Issuer Credit Rating of R&Q Insurance Holdings Ltd
Limited (AIEL) (Malta), collectively known as Accredited. Concurrently, AM Best has downgraded the Long-Term ICR to "bb" (Fair) from "bbb-" (Good) of R&Q Insurance Holdings Ltd ...
Source: BestWire   Date: July 14, 2023

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