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

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

Asia-Pacific opportunity is growing, but there is no room for complacency

14 September 2026 India and Southeast Asia offer strong growth prospects as insurance penetration rises.

Hear the first ‘pop’ and move before the pack: Lloyd’s Turk to syndicates

11 September 2026 Lloyd’s performance chief Rachel Turk urges syndicates to “hear the first few pops” as rates fall.

US commercial insurance rate growth slows to just 0.5% in Q2

11 September 2026 WTW survey shows broad slowdown; key segment breaks the zero first time since ‘17.

More articles

Asia needs more than capital to close protection gap – partnership is key

Asia’s new risks need new thinking, says Munich Re’s Chan

Traditional reinsurance not enough to fill protection gap: Mapfre Re China

Balancing risk retention and transfer is key to Asia Pacific strategy, says Lockton CEO

Softer pricing could pressure underwriting earnings: Fitch Ratings

Japan and Korea react differently to global pricing: Markel

Asia-Pacific opportunity is growing, but there is no room for complacency

Hong Kong eyes wider Asian risk management role as GBA demand grows: HKFI

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze