RiverStone to Offer Loss Portfolio Transfer for Zurich Insurance

River Stone International, a London – based provider of legacy solutions, has announced a major deal. It has entered into an agreement with the French branch of Zurich Insurance Europe and Zurich Insurance Co. This agreement pertains to a loss portfolio transfer reinsurance (LPT) and an insurance business transfer related to the French discontinued motor and architects & engineers (A&E) professional indemnity portfolios.

The transactions mark a significant step in River Stone International’s efforts to strengthen its European presence. River Stone International Ireland will assume full responsibility for the portfolios, pending necessary regulatory approvals. The company’s global structure, with RiverStone International Bermuda providing the LPT, will be utilized to complete these transactions.

This agreement not only showcases River Stone International’s capabilities in the field of legacy solutions but also highlights its strategic importance in the European insurance market. It is expected to have a positive impact on Zurich Insurance’s operations in France, while also enhancing River Stone International’s standing within the industry.

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