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 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
19 June 2026   What if climate-driven hurricane losses aren’t being underestimated where you think?
Insurance
19 June 2026   Leverages market’s global infrastructure and multinational capabilities.
Insurance
19 June 2026   Facility expands marine war risk cover for vessels and cargo.