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RiverStone International and QBE agree $1.6bn LPT reinsurance agreements
Legacy reinsurance and run-off specialist RiverStone International has entered into loss portfolio transfer (LPT) agreements with QBE Insurance Group, representing approximately US$1.6 billion in reserves, further strengthening the long-standing partnership between both companies. Subject to regulatory approval, the transactions cover North American Middle Market and Workers’ Compensation portfolios, and European liability books. Paul Brockman, Group […] The post RiverStone International and QBE agree $1.6bn LPT reinsurance agreements appeared first on ReinsuranceNe.ws.
RiverStone International and QBE agree $1.6bn LTP reinsurance agreements
Legacy reinsurance and run-off specialist RiverStone International has entered into loss portfolio transfer (LPT) agreements with QBE Insurance Group, representing approximately US$1.6 billion in reserves, further strengthening the long-standing partnership between both companies. Subject to regulatory approval, the transactions cover North American Middle Market and Workers’ Compensation portfolios, and European liability books. Paul Brockman, Group […] The post RiverStone International and QBE agree $1.6bn LTP reinsurance agreements appeared first on ReinsuranceNe.ws.
Liberty Mutual Re and Safehub complete first sensor-triggered earthquake parametric payout
A 21-day claims settlement in Peru puts sensor-based parametric earthquake coverage to its first live test
RiverStone International promotes Soutter to Group CRO
David Soutter, who joined RiverStone International last year as Head of Risk in Bermuda, has been promoted to Group Chief Risk Officer (CRO) at the global acquirer and reinsurer of legacy and discontinued business. Soutter has more than 25 years of insurance and reinsurance market experience, with expertise across enterprise risk management, finance, capital oversight, […] The post RiverStone International promotes Soutter to Group CRO appeared first on ReinsuranceNe.ws.