IN BRIEF: Randall & Quilter In Loss Portfolio Transfer With Allianz

Randall & Quilter Investment Holdings Ltd - insurance company - Transacts loss portfolio transfer ...

Alliance News 24 September, 2020 | 9:22PM
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Randall & Quilter Investment Holdings Ltd - insurance company - Transacts loss portfolio transfer with Allianz SE of Germany. "With this transaction Allianz reaches economic finality of a third-party reinsurance portfolio that has no active client relationships and that was underwritten from 1976 onwards. Further, this transaction also encompasses the mutual interest to undertake an Insurance Business Transfer of the portfolio to Accredited, subject to regulatory approvals," Randall & Quilter said.

Current stock price: 156.84 pence

Year-to-date change: down 6.8%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Randall & Quilter Investment Holdings Ltd 185.50 GBX 0.27 -

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