LONDON: R&Q Insurance Holdings Ltd (AIM: RQIH) announced an agreement to sell Inceptum Insurance Company Limited, a legacy general insurance company located in the UK and regulated by the PRA and FCA, to Marco Capital Holdings Limited, a Malta based legacy acquisition group. R&Q will receive £11.25m for the sale of the shares in Inceptum,…
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Randall & Quilter to acquire Inceptum Insurance Company
LONDON: Randall & Quilter Investment Holdings Ltd. (R&Q) announced that its wholly owned subsidiary, Randall & Quilter II Holdings Limited, has signed an agreement to acquire the entire issued share capital of Inceptum Insurance Company Limited. Inceptum was incorporated in England & Wales in 1998. The Company was placed into run-off in September 2009 and…