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RQIH R&q Insurance Holdings Ltd

2.075
0.00 (0.00%)
Last Updated: 09:57:38
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
R&q Insurance Holdings Ltd LSE:RQIH London Ordinary Share BMG7371X1065 ORD 2P (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.075 1.75 1.85 973,936 09:57:38
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Title Insurance 82.8M -297M -0.7929 -0.03 7.75M

Randall & Quilter Inv Hldgs Ltd Result of General Meeting (9244L)

06/10/2016 3:25pm

UK Regulatory


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RNS Number : 9244L

Randall & Quilter Inv Hldgs Ltd

06 October 2016

Randall & Quilter Investment Holdings Ltd.

Result of General Meeting

6 October 2016

The Board of Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) (the "Company"), the specialist non-life insurance investor, service provider and underwriting manager, today held the General Meeting referred to in the notice to shareholders of the Company dated 12 September 2016.

The resolution set out in the notice convening the General Meeting for the proposed return of capital to shareholders has been duly passed.

-Ends-

Enquiries to:

 
 
 Randall & Quilter Investment   www.rqih.com 
   Holdings Ltd. 
  Tom Booth                      Tel: +1 441 247 
                                  8330 
 
   Numis Securities Limited 
  Stuart Skinner (Nominated      Tel: 020 7260 
   Adviser)                       1000 
  Charles Farquhar (Broker)      Tel: 020 7260 
                                  1000 
 
   Shore Capital Stockbrokers Limited 
  Dru Danford / Stephane Auton   Tel: 020 7408 
                                  4090 
  FTI Consulting 
   Edward Berry/Tom Blackwell     Tel: 020 3727 
                                  1046 
 

Notes to Editors:

About R&Q

Randall & Quilter pursues a buy and build strategy and has created a comprehensive range of investment activities and services in the global non-life insurance market.

R&Q is focused on the following three core areas:

   --      Insurance Investments 
   --      Insurance Services 
   --      Underwriting Management 

The Group:

-- provides a range of services to both the live and legacy (re)insurance markets to support growing businesses and address complex and challenging run-off issues;

-- employs close to 400 insurance professionals based in the UK, US, Bermuda, and Europe with wide service capability in both the 'live' and 'run-off' markets;

-- owns and manages a portfolio of insurance companies, both active and in run-off, in the UK, US and Europe with net assets of GBP123.7m as at 31 December 2015;

-- owns an admitted P&C Insurer, A- rated by AM Best, with licenses throughout the US; owns a Bermuda Class 3A insurance company which currently supports the Group's syndicate participations;

-- launched Syndicate 1991, which commenced underwriting from January 1, 2013 and has an agreed capacity of GBP130m for 2016, manages one RITC ('run-off') syndicate, 3330, and owns and operates an MGA platform;

-- acquires and manages a portfolio of insurance receivables, with a carrying cost of GBP6.0m as at 31 December 2015, of which R&Q holds a 50% interest

The Group was founded by Ken Randall and Alan Quilter in 1991.

Website: www.rqih.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

October 06, 2016 10:25 ET (14:25 GMT)

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