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Randall & Quilter completes 2 acquisitions

Randall & Quilter Investment Holdings Ltd. has completed the acquisitions of a California self insurer and the legacy liabilities of a U.S. corporate airline.

Both targets were unnamed.

The legacy acquisition is a reinsurance agreement assuming the liabilities of a Bermuda-domiciled captive insurer of the airline.

Randall & Quilter subsidiary Accredited Surety & Casualty Co. Inc. was the buyer in the California deal, and Randall & Quilter unit R&Q Insurance (Malta) Ltd. was the acquirer of the airline liabilities.