Marco Capital Expands with Acquisition of R&Q Gamma
Deal News | Jun 20, 2025 | Re-Insurance News

Marco Capital has announced its acquisition of R&Q Gamma Company Limited, a subsidiary of R&Q Insurance Holdings Ltd, subject to regulatory approval. R&Q Gamma, founded in 1983 and put into run-off in 1999, was acquired by R&Q in 2016 to consolidate run-off opportunities in the UK. This acquisition marks the third transaction between Marco Capital and R&Q, following the acquisition of Inceptum and the management of R&Q Syndicate 1110 by Polo Managing Agency set for 2024. R&Q Gamma has engaged in Loss Portfolio Transfers with various entities, and its outstanding liabilities mostly concern Occupational Disease and Workers Compensation for the UK P&I Club.
Sectors
- Insurance
- Financial Services
Geography
- United Kingdom – R&Q Gamma operates within the UK, and the acquisition is noted as a consolidation of run-off opportunities in the UK.
- Europe – Marco Capital is identified as a European insurance run-off group, highlighting the broader geographical context of their operations.
Industry
- Insurance – The article discusses the acquisition of R&Q Gamma, a company involved in the insurance run-off sector. Marco Capital as the acquiring company also operates in the insurance industry.
- Financial Services – The acquisition activity and management of liabilities involve financial services, focusing on insurance consolidation and run-off management.
Financials
- – The article does not provide specific financial terms of the acquisition deal.
Participants
Name | Role | Type | Description |
---|---|---|---|
Marco Capital | Acquiring Company | Company | A European P&C insurance run-off group acquiring R&Q Gamma. |
R&Q Gamma Company Limited | Target Company | Company | The company being acquired, a run-off insurance entity with significant liabilities related to Occupational Disease and Workers Compensation. |
R&Q Insurance Holdings Ltd | Selling Company | Company | The parent company of R&Q Gamma, which has been using it for consolidation of run-off insurance opportunities. |
Solicitors Indemnity Mutual Insurance Association Ltd | Other Company | Company | One of the entities involved in Loss Portfolio Transfers with R&Q Gamma. |
Anglo French Insurance Company Ltd | Other Company | Company | Another entity engaged in Loss Portfolio Transfers with R&Q Gamma. |
The United Kingdom Mutual Steam Ship Association Ltd (UK P&I Club) | Other Company | Company | A key entity involved in Loss Portfolio Transfers with significant ongoing liabilities in R&Q Gamma. |
Polo Managing Agency | Other Company | Company | Will manage R&Q Syndicate 1110 from 2024, indicating ongoing partnerships with R&Q. |