A.M. Best Assigns Credit Ratings to R&Q Insurance (Malta) Limited and Affirms Issuer Credit Rating of Randall & Quilter Investment Holdings Ltd.
The published rating of RQIH, as a non-operating insurance holding company (IHC), is determined by reference to the credit assessment of RQIH on a consolidated basis, and the normal subordination of IHC creditors to operating company policyholders. A.M. Best’s credit assessment of RQIH on a consolidated basis reflects its balance sheet strength, which
RQIH owns, through its subsidiaries, non-life insurance portfolios in runoff and insurance entities that are open to new insurance business, including residual run-off exposures to Lloyd’s Syndicate 1991. Starting in 2016, RQIH also began writing programme business through two of its main operating subsidiaries,
The ratings of RQIM reflect its balance sheet strength, which
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and
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