R&Q seals fourth captive acquisition
London-listed Randall & Quilter (R&Q) has continued its drive into the end-of-life captive arena with its fourth acquisition of 2012.
The UK-based legacy-to-live insurance business has completed the acquisition of Capstan Insurance Company Limited from Roger and Elizabeth Bullivant, the company said in a statement.
Capstan is a Guernsey-domiciled captive with a net asset value of around £5.4mn.
The company was put into run-off in October 2010, and previously wrote professional indemnity and product liability for Roger Bullivant Limited, a...
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