Insurance Post

R&Q faces large legal expenses from syndicate 102 dispute

Ken Randall

The ongoing cost of a "significant" legal dispute on old syndicate 102 and several accounting technicalities were to blame for Randall & Quilter positing a loss in the first half of 2014, according to chairman and chief executive Ken Randall.

Speaking to Post following the publication of the group's interim results, which showed a £600 000 loss for the first six months of 2014, Randall, pictured, said the dispute related to syndicate 102

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