Legacy-to-live carrier Randall & Quilter has assumed the liabilities of a Cayman-based captive, the group announced in a statement released today (24 December).
Legacy to live carrier Randall & Quilter (R&Q) is set to take responsibility for a run-off portfolio of marine mutual liabilities in its largest Part VII transfer so far
Zurich's recently announced acquisition of Wells Fargo's crop insurance business is likely to limit confidence that the Swiss carrier is planning large-scale capital returns to shareholders.