“R&Q is delighted to agree [on] terms to acquire GLOBAL U.S. Holdings Inc.,” Ken Randall, chairman and CEO of R&Q, said in a statement. (Photo: Shutterstock)
has signed a definitive agreement to acquire managing U.S. asbestos

The acquisition is subjected to regulatory approval from the New York Department of Financial Services.

“R&Q is delighted to agree [on] terms to acquire GLOBAL U.S. Holdings Inc.,” Ken Randall, chairman and CEO of R&Q, said in a statement. “It is a significant legacy transaction for the Group and, with a continuing pipeline of further potential acquisitions, we anticipate an active second half of the year.”

Related: Arthur J. Gallagher & Co. acquires Rogers & Young Insurance

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