Marco Capital replaces Coaction as reinsurer of R&Q Syndicate 1110

Marco Capital’s RITC Syndicate 1254 has signed a reinsurance agreement with R&Q’s Syndicate 1110 to replace an existing reinsurance cover underwritten by Coaction Global, Inc. Consequently, Coaction Global is released from exposure to the relevant R&Q portfolio.

The transaction is consistent with Marco’s strategy of providing specialist legacy and run-off solutions for complex insurance and reinsurance portfolios. By combining underwriting expertise, disciplined risk selection and active claims management capabilities, Marco continues to expand its presence in the global legacy market while supporting counterparties seeking finality and capital certainty.

Simon Minshall, Marco CEO, remarked: “Marco Capital has yet again provided a market solution to the risk and complexity resulting from the administration of R&Q Group. We specialise in providing bespoke legacy and run-off solutions for complex insurance liabilities and are committed to providing risk transfer, long-term capital and expertise to the market.”.