R&Q reports pre-tax operating loss of $24.3mn for H1
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R&Q reports pre-tax operating loss of $24.3mn for H1

Luke Harrison
05 September 2022
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R&Q has reported a pre-tax operating loss of $24.3mn for H1 2022, which the carrier said has been impacted by its legacy insurance revenue transition to an annual recurring, fee-based model.

It expects the benefits of this model change to be reflected in the financial results as it deploys the capital of Gibson Re to reinsure 80% of future transactions.

The

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Luke Harrison
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