R&Q has released a very brief but exciting trading update for its Program Management business, confirming it added a further $200m to Contracted Premium in September alone (the last update showed $1.8bn at the end of August), taking the total to $2bn at the quarter end. Over the 9 months to 30th September, Gross Written Premium increased by an astonishing 81% to $714m, and fee income rose 138% to $39m from 70 active programs, with a further 5 programs having been added since then.
10 Dec 2021
Randall & Quilter - Q3 21 Program Management Update
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Randall & Quilter - Q3 21 Program Management Update
R&Q Insurance Holdings Ltd (RQIH:LON) | 5.5 0 0.0% | Mkt Cap: 20.6m
- Published:
10 Dec 2021 -
Author:
Oliver Juggins -
Pages:
2
R&Q has released a very brief but exciting trading update for its Program Management business, confirming it added a further $200m to Contracted Premium in September alone (the last update showed $1.8bn at the end of August), taking the total to $2bn at the quarter end. Over the 9 months to 30th September, Gross Written Premium increased by an astonishing 81% to $714m, and fee income rose 138% to $39m from 70 active programs, with a further 5 programs having been added since then.