Randall & Quilter (R&Q)
R&Q shareholders narrowly approve Accredited sale
R&Q shareholders have approved the proposed $465m (£365.6m) sale of Accredited to Onex by a margin of 55.2% to 44.8%.
R&Q nearing sale of Accredited to Onex
R&Q Insurance Holdings has issued a statement confirming it is in advanced talks with Onex Group for the sale of its Accredited business.
R&Q separation plans attract rating agency scrutiny
AM Best put the credit ratings of R&Q and three of its subsidiaries under review with negative implications.
Analysis: The power of shareholders
R&Q recently faced a shareholder rebellion over its executive chair. It's not the first and it won't be the last time shareholders disagree with a firm's operations. Post reviews the result, and asks how much power shareholders really have?
Attempt to oust R&Q executive chairman Spiegel fails
R&Q executive chair William Spiegel will continue to lead the program management and legacy insurance business after a vote to oust him failed.
R&Q says Randall return would be 'a backwards step' ahead of SGM next month
R&Q is to hold a special general meeting on 13 September in London to allow shareholders to vote on resolutions to remove executive chair William Spiegel from his post.
R&Q management backed by shareholders following calls for a change of leadership
R&Q executive chairman William Spiegel has received the backing two of the firm’s shareholders following calls from other investors for him to stand down.
Two major R&Q shareholders call for executive chairman to step down
Two major R&Q shareholders have called for the removal of the legacy acquisition specialist’s executive chairman William Spiegel, citing deterioration in the performance of the business under his leadership.
MGA market trends to drive years of growth for independent program managers, says R&Q's Spiegel
Randall & Quilter expects its program management business to benefit from secular trends in the managing general agent market for at least the next five years, following a bumper growth year in 2020.
R&Q reveals MGA book growth in 2020
Randall & Quilter grew its managing general agent relationships to 36 by the end of the first half of the year, the firm has revealed.
R&Q reveals record profits as it unveils growth ambitions
Randall & Quilter Investment Holdings has reported a 180% rise in pre-tax profit from continuing operations to £40.1m for the year ended 31 December 2019.
Ken Randall to step down from R&Q
R&Q has recruited William Spiegel as executive director and deputy group chairman ahead of co-founder Ken Randall stepping down in around 12 months’ time.
R&Q and Phoenix terminate insolvent debt joint venture
Randall & Quilter and Phoenix Asset Management Partners have ended a joint venture deal to acquire reinsurance debt in insolvent estates.
Darag names Booth as Group CEO
Legacy book acquirer Darag has named Tom Booth as Group CEO, effective 23 July 2018.
R&Q profits jump after Lloyd's managing agency disposal
Randall & Quilter saw a 176% jump in pre-tax profit in 2017, up to £23.5m from £8.5m in the previous year.
R&Q completes reinsurance to close legacy deal
Randall and Quilter has completed a deal to become the capital backer of Syndicate 3334’s 2014 and prior years of account.
R&Q Malta receives A- rating
R&Q’s European subsidiary has received an A- rating from AM Best.
Davies Group snaps up R&Q’s insurance management operations
Davies Group has bought Randall & Quilter’s Insurance Services and Captive Management Operations for £18.6m.
Senior redundancy at R&Q as group moves to simplify structure
Randall & Quilter has made a string of senior management changes as it looks to simplify its group structure.
R&Q acquires Guernsey captive for £1.5m
R&Q has acquired Guernsey-based captive insurer Constantia Insurance Company, which is currently in run-off period from Old Mutual.
Coverys gains Lloyd’s nod on med-mal Syndicate 1975
Boston-based medical malpractice insurer Coverys has received in principle approval from Lloyd’s to launch Syndicate 1975.