R&Q agrees adverse development cover deal with RenRe


Insurance services and investment company Randall & Quilter Investment Holdings has signed an agreement with RenaissanceRe Syndicate Management (RSML) to reinsure the casualty reserves for Lloyd’s Syndicate 1458 relating to the 2009 to 2017 years of account. The reinsurance is being provided as a loss portfolio transfer, attaching at 70 percent of held reserves, with an additional limit for adverse development cover. The transaction allows RSML to retain control of the claims handling process, whilst benefiting from...

Randall & Quilter, RSML, Agreement, Insurance, Reinsurance, Ken Randall, North America

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