Insurance Post

R&Q outlines captive exit solution

Ken Randall

Randall & Quilter Investment Holdings has effected a novation of policies from Guernsey-domiciled captive insurer SL Insurance to R&Q Insurance.

SLI provided aviation hull and airline liability cover to airlines in the Virgin Group, and has been in run off since May 2011.

The company is executing a number of novations that will remove these

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