R&Q Insurance Share News (RQIH)

IN BRIEF: R&Q continues to show support for Chair against shareholder

R&Q Insurance Holdings Ltd - Bermuda-based specialty non-life insurer formerly known as Randall & Quilter Investment - Notes letter to shareholders from Phoenix Asset Management Partners Ltd sent on Thursday last week against Chair William Spiegel, arguing that the company "is not competently led".

R&Q investor Phoenix lambasts Executive Chair Spiegel again

(Alliance News) - An R&Q Insurance Holdings Ltd investor once again hit out at the firm's executive chair on Thursday, saying the non-life insurer "is not competently led".

R&Q offers unanimous support for chair who is facing ousting attempt

(Alliance News) - R&Q Insurance Holdings Ltd on Wednesday said its board is "unanimous" in its support for Chair William Spiegel, who has faced scrutiny from an investor in the company.

R&Q Insurance Executive Chair Spiegel receives more backing

(Alliance News) - R&Q Insurance Holdings Ltd received another key vote of confidence on Monday, after a shareholder backed the insurer's boss, a new board appointment, and plans to name an independent non-executive chair.

R&Q appoints independent director, plans to add more

(Sharecast News) - Non-life specialist R&Q Insurance announced the appointment of Robert Legget as senior independent director on Monday, joining the board on 26 August.

IN BRIEF: Shareholder Phoenix seeks to remove R&Q Chair Spiegel

R&Q Insurance Holdings Ltd - Bermuda-based specialty non-life insurer formerly known as Randall & Quilter Investment - Says it has received special general meeting requisition notice from Phoenix Asset Management Partners Ltd, which holds 12% stake in R&Q, seeking to remove Executive Chair William Spiegel. Phoenix wants to appoint Ken Randall as director and, if Spiegel is removed, have him act as an executive director to fill the vacancy. Ken Randall used to be chair of Randall & Quilter Investment, before retiring in March 2021 and being succeeded by Spiegel.

R&Q reports strong premiums growth in first half

(Sharecast News) - Non-life specialty insurance company R&Q reported gross written premiums of $807m in a first-half update on Monday, up 82% year-on-year.

R&Q Insurance premiums rise in first half on strong platform growth

(Alliance News) - R&Q Insurance Holdings Ltd on Monday said its Program Management enjoyed "another very strong period of growth" in the first half of 2022 with written premiums jumping a staggering 82%.

IN BRIEF: Randall & Quilter Investment changes name to R&Q Insurance

R&Q Insurance Holdings Ltd - Bermuda-based specialty non-life insurance - Changes name from Randall & Quilter Investment Holdings Ltd, following shareholder approval at annual general meeting last week. Last month, R&Q raised USD125 million in a share offer to pay down debt. The equity raise followed shareholder rejection of a GBP482 million takeover offer from 23% shareholder Brickell PC Insurance Holdings.

TRADING UPDATES: BlueRock hit by extreme weather; Harbour drills well

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

UPDATE: Randall & Quilter raises USD125 million from fundraise

Randall & Quilter Investment Holdings Ltd - Bermuda-based specialty non-life insurance company with Program Management and Legacy Insurance businesses - Raises gross proceeds of about USD125 million following oversubscribed fundraise.

IN BRIEF: Randall & Quilter increases fundraise to USD125 million

Randall & Quilter Investment Holdings Ltd - Bermuda-based specialty non-life insurance company with Program Management and Legacy Insurance businesses - Upsizes fundraise that was announced on Monday, with the firm now hoping to raise about USD125 million.

Randall & Quilter expands fundraise after agreeing settlement with Brickell

(Sharecast News) - Specialist non-life insurer Randall & Quilter updated the market on its fundraise on Tuesday, reporting that following "significant demand" in the bookbuild from existing investors, it had decided to upsize the fundraise to increase gross proceeds to around $125m.