R&Q ponders liquidation route as Accredited sale to Onex drags on – Insurance coverage Age

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R&Q ponders liquidation route as Accredited sale to Onex drags on – Insurance coverage Age

Accredited proprietor R&Q Insurance coverage Holdings has confirmed the potential of submitting for a provisional liquidation in Bermuda after which finishing the sale of Accredited to Onex via that course of.

The information has led to an extra 84% collapse within the share value of the beleaguered agency.

Fronting enterprise Accredited is a significant supporter of delegated authority enterprise within the UK.

Specialist Danger Group’s managing normal agent, MX, sealed a capability take care of Accredited Insurance coverage (Europe) earlier this month.

Offers over the previous two years have included residence insurance coverage specialist Integra Insurance coverage Options, PI specialist Inperio (London) and private strains specialist Coverage Skilled.

The provisional

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