30th of July 2010
09/06/2009
Randall & Quilter, which acquired the Quest captive management group in January, is reported to be acquiring the Woolworths Group captive insurance company, Woolworths Insurance (Guernsey).
Randall and Quilter CEO Ken Randall, quoted in The Insurance Insider, said the acquisition of the Willis-managed captive is “relatively small, with acquired assets of approximately £1.2m and reserves of £7.5m”.
According to the Insider report, the Woolworths captive has been in run-off since the parent went into administration in November last year.
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CID givess users access to the captive name, parent company, manager, license date and captive type for captive insurance companies worldwide. Uniquely, the Captive Insurance Database also contains vital contact information for captive owners and sponsors. A powerful search engine drives the query and save functions which enable you to filter and store results by domicile, by captive manager, by parent company and many more.
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WELCOME TO THE Captive Review Cell Company Handbook 2009 – the second edition of our global directory of cell company jurisdictions. Since we last published this directory, the general attitude toward cell companies seems to have shifted up a gear. Whereas single-parent companies have long ruled the captive roost, a slight uptick in the formation of pure captives at the beginning of this year can’t hide the fact that growth in this market is still sluggish.
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