RQIH1 Jul 2019 08:24
Making acquisition is noted as a positive move, watch on opening
RQIH. has signed an agreement to acquire, subject to regulatory approval from the Bermuda Monetary Authority ("BMA"), the entire issued share capital of Sandell Holdings Limited ('SHL') ('the Company') along with its 100% owned subsidiary Sandell Re Limited ('SRL) which was incorporated in Bermuda in 2014, and was licensed as a Class 3A segregated account company by the BMA in February 2015, to write all classes of general business insurance and reinsurance.