Notice of Results

RNS Number : 3825V

Randall & Quilter Inv Hldgs PLC

12 January 2012

 



Randall & Quilter Investment Holdings plc

Notice of Preliminary Results

12 January 2012

Randall and Quilter Investment Holdings plc ("R&Q"), the AIM listed specialist insurance investor, service provider and underwriting manager will be announcing its preliminary results for 2011 on Thursday 19^th April 2012.

There will be an analyst presentation on the results at 9:30am on Thursday 19^th April 2012 at FTI Consulting, Holborn Gate, 26 Southampton Buildings, London, WC2A 1PB.

Those analysts wishing to attend are asked to contact Tom Blackwell at FTI on [phone] or at [e-mail]      

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Enquiries to:

Randall & Quilter Investment Holdings PLC                      www.rqih.com  

Tom Booth                                                                          Tel: [phone]

FTI Consulting                                                                              

Neil Doyle/Edward Berry                                                    Tel: [phone]

Notes to Editors:

Since formation, Randall & Quilter has pursued a buy and build strategy to create a comprehensive range of investment activities and services in the global non-life insurance market and is focused on the following four core areas:

•    Insurance Investments;

•    Insurance Services;

•    Underwriting Management; and

•    Captives.

The Group currently:

•    has a portfolio of nine insurance companies in run-off (from the UK, US and Europe) with net assets of c.£72.2m as at 30 June 2011;

•    acquires and manages a portfolio of insurance receivables, with a carrying cost of c. £5.5m as at 30 June 2011;

•    has wide service capability in both the 'live' and 'run-off' markets;

•    has a team of approximately 350 insurance professionals based in the UK, USA, Bermuda, Canada, Gibraltar and Norway; and

•    provides 'turnkey' management services to new Lloyd's syndicate 1897, manages two RITC ('run-off') syndicates and owns and operates five MGAs.

The Group was founded by Ken Randall, Executive Chairman and Chief Executive, and Alan Quilter, Chief Operating Officer, who both have extensive experience in the industry including as Head of Regulation of Lloyd's and as Head of the Market Financial Services Group respectively.

 

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