shutterstock_1524764165
24 June 2024Insurance

Inceptum sold to Marco for $11.25m cash as R&Q files for liquidation

R&Q Insurance Holdings, on the brink of liquidation bankruptcy, has agreed to sell its UK-based legacy general insurance company, Inceptum, to Malta-based legacy acquirer Marco Capital Holdings for $11.25 million in cash. R&Q also confirmed that it has filed for liquidation at the Bermuda Supreme Court.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
16 October 2026   Net income for first nine months boosted by strong Q1.
Insurance
16 October 2026   Brings more than a century of experience, with over 50 years at Lloyd’s.
Insurance
16 October 2026   General liability and commercial auto remain under pressure from rising claims costs.