R&Q triples pre-tax profits in 2016
Bermudan insurance investor R&Q tripled pre-tax profits in 2016 to £8.5m from £2.8m in the previous year.
The group saw strong investment returns of 2.7%, with further net reserve releases in run-off insurance companies of £7.9m, compared to £8.3m in 2015. The group said it saw an “excellent contribution”
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