R&Q completes $46.5mn LPT

Randall & Quilter has completed a loss portfolio transfer
(LPT) of a bonds portfolio issued by an unnamed US Fortune 500
Insurance Group.
R&Q assumed an estimated $46.5mn of undiscounted liabilities
in the deal.
The legacy acquirer worked with Guy Carpenter to complete the
transaction.
R&Q subsidiary Accredited Surety & Casualty, a
specialist in surety business, conducted the deal.
R&Q chairman and CEO Ken Randall said the transaction
demonstrated the firm's ongoing commitmen