shutterstock_1524764165

19 June 2024Insurance

R&Q heads for liquidation; all hope is lost for rescue via asset sales

R&Q Holdings will head to liquidation bankruptcy, having lost all hope of finalising an asset sale that had been designed as a last-ditch rescue for the strapped insurance group.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

R&Q in agony: shares trade down ca 82% on threat of liquidation

13 June 2024 It's pennies on the pound: Shares are down over 99% from the 12M high.

R&Q careens towards default as asset sale drags on, mulls liquidation

13 June 2024 Rescue efforts tied hands and brought 'significant’ costs; original asset sale in doubt.

R&Q’s $465m Accredited sale scrapes through amid shareholder split, challenges remain

12 January 2024 R&Q shareholders narrowly pass contentious Accredited sale with a 55% to 45% vote.

More articles

US state insurance commissioners urge Musk to scrap Federal Insurance Office

Lockton Re reveals new US segment for programmes and MGAs

Talanx terminates agreement with Meiji Yasuda

Acrisure snags industry veteran to bolster expertise

MGA Alta Signa taps talent pool to bolster cyber division

Volante builds out board with former Helios, Ascot CEO

BMS swoops for UK broker in largest acquisition yet

Zurich partners with Blink to expand parametric offering

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze