R&Q undertaking business review as H1 loss of £4.5m is recorded
Delays in legacy acquisitions, restructuring and investment costs in US services and a lower investment return have been blamed for a pre-tax loss of £4.5m at Randall & Quilter in the opening six months of 2015.
The result, which compares to a £300,000 loss in the first half of last year, coincided with positive movements in the firm's run-off portfolios with net reserve releases of £4.3m (H1 2014: loss of £2
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