R&Q books 2021 operating loss of $21mn
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R&Q books 2021 operating loss of $21mn

Rachel Dalton
13 June 2022
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Sailboat in the Hamilton, Bermuda, harbor.

Randall & Quilter (R&Q) has reported a pre-tax operating loss of $21mn for 2021 and released further details about its planned $100mn fundraise.

The pre-tax operating loss was due to costs associated with the transformation of R&Q’s legacy business model, as well as $29mn in adverse reserve development.

R&Q

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Rachel Dalton
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