R&Q acquires Guernsey insurer NFIL

guernsey

NFIL has been in run-off since 2007 and previously wrote employer’s liability, property and motor third party risks.

Ken Randall, chairman and CEO of R&Q, commented: “The acquisition of NFIL is further proof of the heightened acquisition activity we are seeing as a group.

“It also demonstrates our ability to provide attractive exit solutions for captive owners who have put their captives in run-off or are contemplating ceasing writing new business.”

He added: “Following this acquisition, we have

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