Shutterstock_1524764165
12 April 2024Insurance

R&Q exits JV Obra for $30m gain; warns of ‘significant’ loss for 2023

London-listed R&Q Insurance Holdings struck a $30 million deal to sell its stake in the Obra Capital joint venture, while also warning that it expects a “significant pre-tax loss” for 2023.

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 Weeks 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
2 April 2026   New head to drive portfolio growth and broker engagement strategy.
Insurance
2 April 2026   Auto and home insurance premiums dropping as litigation dries up.
Insurance
2 April 2026   New function targets carrier alignment across $7.9bn GWP platform.