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Pin to quick picksR&Q Insurance Share News (RQIH)

Share Price Information for R&Q Insurance (RQIH)

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Share Price: 1.70
Bid: 1.20
Ask: 1.795
Change: -0.3025 (-16.81%)
Spread: 0.595 (49.583%)
Open: 2.20
High: 2.20
Low: 1.70
Prev. Close: 1.80
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IN BRIEF: Randall & Quilter Posts Solid Program Management Performance

Mon, 22nd Feb 2021 14:36

Randall & Quilter Investment Holdings Ltd - Bermuda-based firm focused on non-life legacy insurance and program management - Posts update for Program Management business for 2020, including 46% increase in gross written premium to USD538.9 million from USD369.3 million. Annual economic commission revenue rises 76% to USD22.7 million from USD12.9 million, with the number of active programs rising to 48 from 30, increasing contracted premium to USD1.28 billion from USD842 million. Notes entry into the US Excess & Surplus Program Management Market in the final quarter of 2020.

Chief Executive Alan Quilter: "In 2020, our Program Management business trading under the Accredited banner continued its strong growth. Our brand and growing reputation in Europe and the US is affording us many opportunities and, with our strong underwriting teams in place across many sectors we look forward to further growth in 2021.

"With the launch of our US E&S capability in 2020 Accredited is a now a comprehensive program management solutions provider in all its markets."

Current stock price: 186.00 pence

Year-to-date change: up 5.7%

By Anna Farley; annafarley@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Randall & Quitter, a non-life insurance investor, has confirmed its subsidiary has entered into a merger with Accredited Holding for $25m to expand its underwriting franchise at Lloyd's. The transaction, which is expected to secure stable income streams, will be paid through the group's cash resou

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18 Jun 2014 09:13

UK BROKER RATINGS: SocGen And HSBC Raise Whitbread Price Target

LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:
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TRADERS: JEFFERIES INITIATES ROYAL MAIL WITH 'UNDERPERFORM' - TARGET 420 PENCE
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TRADERS: JEFFERIES RAISE

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18 Jun 2014 09:03

Wednesday broker round-up UPDATE

Ashtead Group: Barclays ups target price from 930p to 946p retaining its overweight rating. Berkeley Group: Numis upgrades from hold to buy with a target price of 2491p. Brown (N) Group: Oriel places its buy recommendation under review. BT Group: Jefferies ups target price from 440p to 470p and k

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18 Jun 2014 08:02

Randall & Quilter Expects Results In Line With Market Expectations

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18 Jun 2014 07:21

UK MORNING BRIEFING: Zoopla Prices IPO As Markets Await Central Banks

LONDON (Alliance News) - UK shares have opened higher Wednesday, following a firm close on Wall Street and ahead of central bank announcements in the UK and US.

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22 Apr 2014 12:58

Randall & Quilter Maintains Dividend Despite Profit Decline

LONDON (Alliance News) - Randall & Quilter Investments Holdings Ltd Tuesday maintained its total dividend even as it saw pretax profit decline in 2013, as operating profit for its insurance investments and insurance services divisions both fell, while its underwriting management division remained

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22 Apr 2014 07:39

Tuesday broker round-up UPDATE

ARM Holdings: Goldman Sachs cuts target price from 1500p to 1450p and keeps a buy recommendation. Ashtead Group: Investec increases target price from 800p to 1100p and keeps a buy recommendation. Babcock International: Investec cuts target price from 1385p to 1377p, while upgrading to buy. Beazle

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10 Apr 2014 11:01

Randall & Quilter Continues Acquisition Activity Of Legacy Insurance Assets

LONDON (Alliance News) - Randall & Quilter Investment Holdings Ltd Thursday said it has reinsured-to-close the former 2011 Year of Account of Syndicate 102 into the 2014 Year of Account of Syndicate 3330, as well as completing a transaction in the Bermuda captive market, adding to the company's a

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28 Feb 2014 12:48

Randall & Quilter Expects 2013 Profit In Line With Its Expectations

LONDON (Alliance News) - Randall & Quilter Investment Holdings Ltd Friday said it expects its 2013 pretax profit to be in line with its expectations, though it still has to complete customary actuarial review procedures. R&Q has been investing in building a significant management presence i

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28 Feb 2014 09:51

Friday broker round-up UPDATE

Barratt Developments: Liberum Capital ups target price from 430p to 468p and keeps a buy recommendation. Deutsche Bank takes target price from 394p to 452p and retains a buy recommendation. Citi raises target price from 390p to 460p and maintains its buy recommendation. Bodycote: FinnCap increases

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28 Feb 2014 08:34

UK MORNING BRIEFING: Shares Gain; Serco Up 10% On New CEO

LONDON (Alliance News) - UK shares are adding to their gains at the open Friday amid some positive UK and European economic data.

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27 Dec 2013 11:43

Randall & Quilter Extends Deadline For Share Placing Agreement

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