"R&Q is delighted to agree on terms to acquire GLOBAL U.S. Holdings Inc.," Ken Randall, chairman and CEO of R&Q, said in a statement. “R&Q is delighted to agree [on] terms to acquire GLOBAL U.S. Holdings Inc.,” Ken Randall, chairman and CEO of R&Q, said in a statement. (Photo: Shutterstock)
has signed a definitive agreement to acquire managing U.S. asbestos

The acquisition is subjected to regulatory approval from the New York Department of Financial Services.

“R&Q is delighted to agree [on] terms to acquire GLOBAL U.S. Holdings Inc.,” Ken Randall, chairman and CEO of R&Q, said in a statement. “It is a significant legacy transaction for the Group and, with a continuing pipeline of further potential acquisitions, we anticipate an active second half of the year.”

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].