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22 May 2012

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R&Q acquires Guy Carp run-off operations

14 September 2010

UK quoted legacy acquisition firm R&Q has acquired Guy Carpenter's US/UK run-off business Resolution Solutions.

R&Q has paid $10mn for the businesses which specialise in the provision of administration and consulting services to the active and run-off (re)insurance industry.

RSL UK provides broker replacement services for UK insurers and service providers in run-off. Its US sister company offers consulting and run-off administration services for US based re(insurers), state liquidation departments and regulators.

The move will enable R&Q to continue its...

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