R&Q nearing sale of Accredited to Onex

Sale spelled out on keyboard

R&Q Insurance Holdings has issued a statement confirming it is in advanced talks with Onex Group for the sale of its Accredited business.

In April, R&Q announced how it intended to split its programme management business from its legacy insurance operations, and that it expects to post a pre-tax loss for 2022.

This led to AM Best

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FCA overwhelmed by feedback on naming and shaming

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator will “really take our time” when considering its proposed plans to name firms it is investigating before any decision has been made.