Insurance Post

R&Q completes Norwegian portfolio transfer

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Randall & Quilter has completed a portfolio transfer from Norway-domiciled captive Aker Insurance to R&Q's EU run-off consolidator in Malta.

The total consideration of the transfer is NOK 22.3m (£1.9m) with transferring current liabilities totalling NOK 14.3m.

The transferred policies provide workers compensation and personal accident

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