1. Bermuda Stocks

  2. •

    Financial Services

  3. •

    Insurance - Specialty
R&Q Insurance Holdings Ltd.

R&Q Insurance Holdings Ltd.

RQIH.L
R&Q Insurance Holdings Ltd.GB flagLondon Stock Exchange
0.08
GBp
-0.02
- -
280,149.00Market Cap
R&Q Insurance Holdings Ltd.
RQIH.L
(London Stock Exchange)

Recent

price

0.08

P/E

ratio

- -

div

yld

- -

ROIC.AI

2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
FRC
1.94
0.58
0.76
0.9
0.23
0.53
1.38
1.35
1.3
0.99
2.65
0.78
1.44
2.41
0.39
0.25
Revenue per Share
0.57
0.15
- -
0.18
-0.01
0.34
0.19
-0.09
0.06
0.14
0.33
0.07
0.25
0.17
-0.47
-0.91
Basic EPS, GAAP
-2.51
0.05
-0.63
0.14
-0.4
-0.41
-0.92
-0.46
0.27
1.26
0.36
-0.36
-0.26
0.27
0.36
0.72
Free Cash Flow per Basic Share
0.1
0.07
0.08
0.07
0.03
0.04
0.06
0.06
- -
- -
- -
- -
- -
- -
0.03
- -
Dividend per Share
4.12
1.67
1.75
1.73
1.69
2.13
1.93
1.42
1.47
1.31
1.48
1.11
1.04
1.27
0.46
-0.53
Book Value per Share
4.48
1.63
1.64
1.44
1.66
1.96
2.12
1.37
1.18
1
2.09
1.5
1.66
2.07
1.16
0.35
Tangible Book Value per Share
28
57
56
57
54
52
66
75
76
76
95
132
192
216
272
325
Basic Weighted Avg Shares
54
33
43
51
13
28
91
102
98
75
250
103
276
521
106
81
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
1
1
1
2
2
2
3
3
7
17
16
12
Depreciation Expense
16
9
- -
10
-1
18
12
-7
4
10
31
9
49
38
-127
-297
Net Income, GAAP
- -
31.34
166.02
15.29
- -
3.44
18.86
- -
2.55
- -
3.18
27.69
3.36
2.58
- -
- -
Effective Tax Rate (%)
29.54
26.72
-0.65
19.99
-6.02
64.94
13.54
-6.88
4.51
13.91
12.37
9.05
17.7
7.26
-119.57
-367.57
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
7
22
35
33
27
25
- -
45
55
70
134
142
268
396
324
LT Debt
148
118
123
123
112
127
168
139
128
116
225
223
379
529
397
185
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
8.25
-0.25
8.65
- -
7.92
6.75
- -
4.25
- -
18.55
4.79
17.27
10.06
- -
- -
Return on Capital (%)
27.84
8.44
-0.29
10.36
-0.8
17.65
10.3
-5.98
4.05
9.86
25.88
6.51
28.28
15.97
-63.81
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.14%
6.04%
-53.39%
Free Cash Flow
3.1%
-49.28%
139.32%
Net Income, GAAP
1.11%
5.96%
133.67%
Sales/Revenue/Turnover
54.38%
18.91%
-23.99%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
106
2022
- -
- -
- -
- -
81
2023
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
-0.47
2022
- -
- -
- -
- -
-0.91
2023
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
0.03
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
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Business
R&Q Insurance Holdings Ltd is a Bermuda-based global non-life specialty insurance company operating primarily in the United Kingdom, North America, and Europe. The company and its subsidiaries focus on providing program capacity to managing general agents (MGAs) and run-off solutions to the non-life insurance market. Its core business segments include Program Management, which delegates underwriting authority to MGAs through licensed platforms in the US and Europe; Legacy Insurance, which involves acquiring legacy insurance portfolios and managing the run-off of claims reserves; and Corporate/Other, which encompasses holding company activities. R&Q’s key subsidiaries include RQLM Limited, Tradesman Program Managers, LLC, and Hickson Insurance Limited. R&Q’s main products and services consist of underwriting management for active insurers, program capacity provision via MGAs, and specialist run-off and legacy insurance portfolio management. The company owns and manages specialty insurance companies and provides comprehensive insurance program management and run-off solutions for non-life insurance sectors, including occupational disease and workers’ compensation liabilities. In the past two years, R&Q has undergone significant strategic changes including the sale of its global program management business, Accredited, to Onex Partners in 2023-2024. This transaction marked a major restructuring as Accredited was a core part of the Program Management segment. Additionally, R&Q has been engaged in disposing of legacy insurance portfolios such as R&Q Gamma and Inceptum, which were acquired by Marco Capital in mid-2024, reflecting a strategic shift to simplify the group’s structure and focus operations. Furthermore, R&Q completed an $80 million Loss Portfolio Transfer reinsurance agreement with a UK motor insurer in late 2023, demonstrating ongoing active management of legacy insurance liabilities. The company also experienced provisional liquidation arrangements in Bermuda to facilitate the Accredited sale, and raised up to $60 million in new equity in 2023 as part of financial restructuring efforts. Founded in 1991 and headquartered in Hamilton, Bermuda, R&Q Insurance Holdings operates as a specialty insurer and holding company with global reach, focusing on niche non-life insurance markets through acquisition, asset management, and underwriting delegation strategies. Its operations serve customers through licensed insurance vehicles and specialty program platforms across multiple jurisdictions. The company has adapted its portfolio and operational focus through strategic disposals and capital raises to enhance financial stability and streamline its business model.