- Randall & Quilter said its Accredited Surety and Casualty unit had agreed to an insurance arrangement with The Hotaling Group that would generate up to $10m in gross written premium.

ASC wouls not retain risk on the program, which is being 100% ceded to a collateralized reinsurer, the company said.

"Accredited is authorised to underwrite a wide range of domestic insurance business across the USA and we are delighted to launch another meaningful sized program in 2017," R&Q chief executive Ken Randall said.

At 8:14am: [LON:RQIH] Randall Quilter Investment Holdings PLC share price was +0.5p at 132.5p

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