Randall & Quilter Investment Holdings plc (RQIH.L), a non-life insurance investor, service provider and underwriting manager, Wednesday said that post its final results on April 25, the company's business is performing well and expect the first half year result to be in line with the management's expectation.
The group said that the Insurance Investments Division is performing well, the Insurance Services Division is benefiting from credit write-backs, while the Underwriting Management Division is improving, backed by the increased scale of its operations.
The Chairman in his address to the shareholders detailed on that,"....Having raised c.£24m in the placing completed last month and with the benefit of our impending improved regulatory and operational platforms in Bermuda and Malta, we consider that we are well positioned to exploit fully the growth opportunities open to us ahead."
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