AM Best puts R&Q on negative outlook ahead of planned $100mn+ equity raise

Randall and Quilter Bermuda

US-based ratings agency AM Best has revised its outlook on the “A-” long-term issuer credit and financial strength ratings of London-based specialty company Randall & Quilter (R&Q) to negative, despite comments from the London-listed company that existing shareholders have shown strong interest in subscribing to its planned $100mn+ equity raise.

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