R&Q completes Fair run-off acquisition
Randall & Quilter Investment Holdings has acquired the entire issued share capital of Cyprus domiciled insurer and reinsurer Flagstone Alliance Insurance and Reinsurance from the Validus Group.
Fair, which commenced underwriting in 2000, went into run-off in 2010 and comprises primarily international reinsurance business with net reserves of $16.4m (£10.3m) equivalent as of 30 June - the
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