Markets: FTSE 100 falls on Friday

Fri, 21/12/2012 - 14:20

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Last updated: 14:20

Randall and Quilter acquires Guernsey insurer

Randall and Quilter Investment Holdings (RQIH) has completed the acquisition of the entire issued share capital of LINPAC Insurance Company, a Guernsey-domiciled insurer, from its owner LINPAC Finance.

LINPAC has been in run-off since 2006 and wrote business from 1994, including employers' liability; public and products liability; workers compensation; and motor insurance.

Reserves were

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