R&Q agrees $24mn deductible deal

Randall & Quilter Investment Holdings (R&Q) has completed a
deal to take on $24mn of deductible liabilities from a US
corporate, it announced today.
Detailing the transaction, the firm explained that the
deductible related to workers' compensation policies issued
between 1988 and 2012 issued by a large US carrier. The deal allows
the corporate to pass on its deductible liability to R&Q, with
the US carrier remaining on risk for any claims above that
deductible.
The deal brings finali