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Announced

Marco Capital to acquire Inceptum from R&Q for £11m.

Synopsis

Marco Capital, a Malta based legacy acquisition group, agreed to acquire Inceptum, a legacy general insurance company located in the UK, from R&Q, an insurance company, for £11m. The transaction has already received necessary R&Q board approvals, but is subject to change of control approval by the PRA and other regulatory approvals as required for the reinsurance agreements.

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