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Randall & Quilter Investment Holdings Ltd - Bermuda-based specialty non-life insurance company with Program Management and Legacy Insurance businesses - Says it continues to be ‘excited by the strong growth we are seeing in our Program Management business’. For three months to March 31, reports gross written premiums of $370 million, up sharply from $193 million a year ago. Looking ahead, Randall & Quilter on track to deliver $1.75 billion of gross written premium in 2022.
Chair William Spiegel says: ‘We have established ourselves as a leading player in both the US and Europe and this is reflected in the long-term partnerships we have been able to sign with highly regarded managing general agents (MGAs), including two multi-year agreements targeting combined premium in excess of £3 billion.’
Current stock price: 96.00 pence, up 7.7% Monday
12-month change: down 40%
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