R&Q Completes Transaction With Coca-Cola Bottlers' Association

Randall & Quilter Investment Holdings has announced the novation of the workers' compensation, general liability, auto liability and auto property damages reinsurance policies issued between 2002 and 2016 by Georgia Atlantic Insurance Ltd. GAIL is a wholly owned, Bermuda-based captive of the Coca-Cola Bottlers' Association Inc. GAIL's estimated undiscounted reserves for these policies, adjusted for recently paid claims, is about $21.5 million, the company said in a news release. The policies were novated to an R&Q-owned cell in the company’s Bermuda based segregated...