R&Q seals Guardian Assurance Part VII transfer

Randall & Quilter (R&Q) has completed a Part VII transfer
of Guardian Assurance's UK P&C business to its Maltese
operation, CFO Tom Booth has confirmed.
Speaking to The Insurance Insider
following R&Q's first-half results, Booth said the scheme
of arrangement, which went through the UK courts on Thursday (2
September), was the last step in bringing the book to finality.
R&Q previously had a reinsurance arrangement with Guardian
for its P&C book, which was carried on after