R&Q

Accredited Specialty president and CEO Rastiello to retire

The executive has been in post since September 2020.

Rachel Dalton, 06 November 2023
Randall seeking to raise capital to break up Accredited-Onex deal

The R&Q share price has plummeted since the sale of the ~$1.8bn-premium fronting arm was announced 10 days ago.

Adam McNestrie, 01 November 2023
R&Q completes $80mn LPT with unnamed UK motor insurer

The LPT comes less than a week after the legacy carrier agreed the sale of its program management business, Accredited.

Aisling Finn, 26 October 2023
R&Q shares lose 67% of value since Accredited deal announcement

Shares continued to slide in trading on Tuesday, falling by a further 31%.

Samuel Casey, 25 October 2023
AM Best revises Accredited's under review status to developing

The revised status follows the recent announcement that R&Q Insurance Holdings has agreed a sale of its Accredited program.

Abbie Day, 25 October 2023
R&Q shares down 52% at close as Accredited sale details show further legacy losses expected

R&Q expects ongoing operating losses after the sale as transitions its legacy business to a fee-based model.

Aisling Finn, 23 October 2023
Opinion: R&Q – Spiegel should stay put until the job is done

Halfway through a complex restructuring is not the time for a CEO (and CFO) change.

Adam McNestrie, 23 October 2023
R&Q agrees $465mn Accredited sale to Onex

R&Q CEO William Spiegel will transfer to the Accredited program management business.

Fiona Robertson, 20 October 2023
R&Q posts H1 operating loss of $58mn after legacy adverse development

Program management arm Accredited, which is in advanced sale discussions, posted profits of $28.6mn.

Samuel Casey, 29 September 2023
R&Q shares up nearly 14% after Accredited sale talks confirmed

Insurance Insider revealed yesterday that the two firms were in advanced talks over a potential transaction.

Samuel Casey, 22 September 2023
Accredited enters advanced sales talks with Canadian PE firm Onex

Goldman Sachs’ private equity arm and Atlas Merchant are no longer involved in the process, sources said.

Adam McNestrie, 21 September 2023
Accredited bidders include Goldman Sachs, Atlas Merchant and Onex

It is understood that the three firms are in the late stages of the process, with a September deal targeted.

Adam McNestrie, 24 August 2023