28 January 2015Bermuda analysis
R&Q acquires Unilever captives
Randall & Quilter, the insurance services and investment company, has acquired two captives from Unilever.
A spokesperson for the company confirmed that the acquisitions have been completed.
The captives, Armitage International and Berda Developments, are both based in Bermuda. Armitage was placed into run-off in October 2011 while Berda has been in run-off since December 1987.
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