R&Q pre-tax profits down 17% after ‘weak’ active syndicate results
Randall and Quilter has seen its pre-tax profits slide by almost a fifth, falling from £11.6m to £9.6m after the firm recorded weaker than expected results from active syndicate participations.
R&Q insurance investments division, which buys into both business in run-off and ongoing insurance operations, was its worst performing business for the year.
The insurer warned in late February that
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