Notice of Results

RNS Number : 6999J

Randall & Quilter Inv Hldgs Ltd

19 July 2013

 



Randall & Quilter Investment Holdings plc

Notice of Interim Results

Randall and Quilter Investment Holdings plc ("R&Q"), the specialist non-life insurance investor, service provider and underwriting manager will be announcing its financial results for the six months ended 30 June 2013 on 28 August 2013.

There will be a management presentation taking place at 10.00am. The presentation will be held at R&Q, 110 Fenchurch Street, London, EC3M 5JT.

Those wishing to register to attend are asked contact Tom Blackwell at FTI consulting on 0207 269 7222 or [e-mail]

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Enquiries to:

Randall & Quilter Investment Holdings plc		www.rqih.com
Tom Booth		Tel: [phone]
	FTI Consulting
	Edward Berry Tom Blackwell		Tel: [phone] Tel: [phone]

Notes to Editors:

Since formation, Randall & Quilter has pursued a buy and build strategy to create a comprehensive range of investment activities and services in the global non-life insurance market and is focused on the following three core areas:

·     Insurance Investments;

·     Insurance Services; and

·     Underwriting Management

The Group:

·     has a team of up to 400 insurance professionals based in the UK, USA, Bermuda, and Continental Europe with wide service capability in both the 'live' and 'run-off' market;

·     has a current portfolio of 12 insurance companies in run-off (from the UK, US and Continental Europe) with net assets of c.£91.3m as at 31 December 2012

·     owns a Bermuda Class 3A insurance company which currently supports the Group's four syndicate participations;

·     has launched Syndicate 1991 which commenced underwriting from January 1, 2013 with a Capacity of £77m for 2013, provides 'turnkey' management services to Lloyd's syndicate 1897, manages two RITC ('run-off') syndicates and owns and operates 3 MGA business units; and

·     acquires and manages a portfolio of insurance receivables, with a carrying cost of c.£6.5m as at 31 December 2012.

The Group was founded by Ken Randall, Executive Chairman and Chief Executive, and Alan Quilter, Chief Operating Officer.

 

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