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Randall & Quilter Investment Holdings PLC Announces Acquisition


Monday, 24 Jun 2013 02:03am EDT 

Randall & Quilter Investment Holdings PLC announced that it has successfully reached agreement with MPPA Insurance Ltd (MPPA) to receive by way of novation all contracts underwritten by MPPA. The contracts have been novated to cells in the R&Q owned Bermuda rent-a-captive facility, R&Q Quest SAC Limited. This required agreement of the two front companies; Travelers Indemnity Company and National Union Fire Insurance Company of Pittsburgh (part of AIG). 

Company Quote

126.0
1.5 +1.21%
11:37am EDT