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Randall & Quilter seals legacy reinsurance agreement with Bermuda captive

Randall & Quilter Investment Holdings Ltd. sealed a reinsurance agreement to assume the legacy liabilities from the Bermuda-domiciled captive of a U.S.-based airline.

The reinsurance is written by subsidiary Accredited Insurance (Europe) Ltd. Randall & Quilter said the agreement follows a similar deal struck in 2018 with the same counterparty and is now providing economic relief for additional policy years.