R&Q acquires $4.7mn Scandinavian marine run-off

Legacy-to-live carrier Randall & Quilter (R&Q) has
acquired a 30.1mn Danish krone ($4.7mn) book of Scandinavian marine
liabilities from Danish insurer Tryg.
The Tryg book, which was put into run-off in 2010, contains
marine liabilities dating back to 1998 and provided cover to
policyholders in Denmark, Sweden and Norway.
The assets have been transferred to R&Q's platform in
Malta but claims will be handled locally by R&Q Triton AS, its
office in Oslo.
Paul Corver, head of M&a