Loss Portfolio Transfer and Insurance Business Transfer with Allianz SE Randall & Quilter Investment Holdings Ltd.

Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce that, with the close
assistance of Black Forest Reinsurance Consulting (“BFRC”), it has transacted a Loss Portfolio Transfer
with Allianz SE, Germany (“Allianz”)

With this transaction Allianz reaches economic finality of a third-party reinsurance portfolio that has no
active client relationships and that was underwritten from 1976 onwards.

Further Infos

Further, this transaction also encompasses the mutual interest to undertake an Insurance
Business Transfer of the portfolio to Accredited, subject to regulatory approvals.
Paul Corver, Group Head of M&A at R&Q, explained: “We are delighted to have com-
pleted this Loss Portfolio Transfer with the mutual intention to follow on with an Insurance
Business Transfer from Germany to Malta.


BFRC's Role

“We have assumed numerous portfolios of business from across Europe into our rated Maltese platform which provides complete finality to the cedant and the accompanying
capital relief. We are very pleased to have executed this transaction with
Allianz and once again it proves our capabilities to utilize our international team to provide
full finality legacy solutions across the US and Europe.
“Our legacy pipeline across the Group remains strong and we look forward to wor-
king closely with BFRC to conclude further Continental European legacy opportunities
in the near future.”

Note: Original Press Release can be downloaded here.

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„We have worked with BFRC – Black Forest ReInsurance Consulting and R&Q and their A- rated EU platform, Accredited Insurance (Europe) Limited over the last 15 months successfully on a Loss Portfolio Transfer and a Reinsurance Business Transfer.

Here we appreciated the cooperation and professionality in efficiently executing a captive Loss Portfolio Transfer and consequently reaching Bafin approval on an Insurance Business Transfer.

We would have no hesitation in recommending BFRC and R&Q to anyone requiring effective Legacy solutions.“

Lorenz Hanelt (09.2022)
Member of the Executive Board, Delvag Versicherungs-AG