Randall & Quilter Investment Holdings Ltd. announced it has entered into a loss portfolio transfer reinsurance contract and a transfer agreement with Repwest Insurance Co.
Repwest is based in Phoenix Ariz., and is a wholly owned subsidiary company of AMERCO. AMERCO is also the parent company of U-Haul, the moving and self-storage operator.
This transaction assists Repwest towards its target of reaching economic finality of its Assumed Re run-off business, which it underwrote from 1978 through 2003. Aon served as the reinsurance broker for this transaction.
Topics Profit Loss
Was this article valuable?
Here are more articles you may enjoy.
Applied Systems, Comulate Spar Over Trade Secret Theft Allegations 
How ‘Super Roofs’ Reward Insurers, Cat Bond Investors and Homeowners 
Viewpoint: Agentic AI Is Coming to Insurance Industry – Much Faster Than You Think 
Trump to Issue Order Creating National AI Rule 
