What we do
Randall & Quilter operates in the non-life run-off insurance sector. It manages, acquires and realises the surplus assets of solvent non-life insurance companies in run off and acquires and realises reinsurance receivables.
The Group operates through three divisions:
- The Insurance Services Division provides services to both insurance companies owned by the Group and to third parties, including syndicates at Lloyd's, and has operations in the UK and US.
- The Insurance Company Division acquires solvent insurance companies in run-off, typically at a discount to their net asset value, and seeks to realise surplus assets within such companies once their liabilities have been reduced and regulatory approval to release surpluses has been obtained and achieves complete exits through schemes of arrangements, transfer or sale. The Group has acquired eight such companies to date.
- The Liquidity Management Division acquires reinsurance receivables on both a recourse and non recourse basis and seeks to realise them for cash.
