REG - R&Q Insurance Hldgs - Change of External Auditor

R&Q Insurance HoldingsAnnouncement

26/10/2023 07:00

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RNS Number : 3028R  R&Q Insurance Holdings Ltd  26 October 2023

R&Q Insurance Holdings Limited

 

Change of External Auditor

 

26 October 2023

 

R&Q Insurance Holdings Limited "the Company" announces that, following the
conclusion of a formal and competitive tender process overseen by the Group
Audit Committee, the Board intends to appoint Mazars LLP as external auditor
for the financial year ending 31(st) December 2024.  The appointment is
subject to shareholder approval at the Company's 2024 Annual General
Meeting.  PKF Littlejohn LLP ("PKF") the Company's current external auditor
will continue in its role for the financial year end 31(st) December 2023.
The Company would like to thank PKF for its services as external auditor.

 

As we set out in the 2022 annual report, the competitive tender process was
initiated due to the length of tenure of PKF. Full details of the audit tender
process and selection criteria will be included in the Company's 2023 annual
report.

 

Ends

 Enquiries to:

 

R&Q Insurance Holdings Ltd
 William Spiegel                                                 Tel: +44 020 7780 5850
 Tom Solomon                                                     Tel: +44 020 7780 5850

 Numis Securities Limited (Nominated Advisor and Joint Broker)

 Giles Rolls

 Charles Farquhar                                                Tel: +44 020 7260 1000

                                                                 Tel: +44 020 7260 1000

 FTI Consulting (Media Relations)

 Tom Blackwell / Shipra Khanna                                   Tel: +44 020 3727 1051

 

 

Notes to Editors:

 

 

About R&Q

 

R&Q is a global non-life specialty insurance company. We operate two core
businesses: Program Management and Legacy Insurance. Both these businesses are
leaders in their respective markets.

 

Our approach is to deploy our origination and underwriting capabilities,
alongside our licensed and rated carriers in the US, EU, and the UK, to
generate attractive fee returns in Program Management and Legacy Insurance.

 

Legal Entity Identifier (LEI): 2138006K1U38QCGLFC94

 

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