StockMarketWire.com - Randall & Quilter Investment Holdings said it had received regulatory approval from the Central Bank of Ireland to complete the acquisition of Western Captive Insurance Company DAC from Coffey Group.

Randall & Quilter said it intended to transfer the business to its Maltese rated company Accredited Insurance, subject to regulatory and Irish court approval.

'We are pleased to have completed the acquisition of WCIC,' chief executive Ken Randall said.

'This transaction again demonstrates the wide range of legacy solutions that R&Q is able to deliver.'



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