R&Q completes $60mn loss portfolio transfer
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R&Q completes $60mn loss portfolio transfer

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R&Q Holdings has completed a $60mn loss portfolio transfer (LPT) from an unnamed California-based self-insurance pool to R&Q’s US subsidiary, Accredited Surety and Casualty Company.

The LPT will provide the California-based pool with $60mn of reserves related to legacy general liability, employment practices liability and auto liability risks.

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