30 Oct, 2026
RiverStone International delivers US$1.6 billion multi-portfolio legacy solution for QBE
HAMILTON, Bermuda, 30 October 2026 – RiverStone International, a leading acquirer and reinsurer of legacy business, today announced the completion of a number of loss portfolio transfer (“LPT”) reinsurance transactions with QBE Insurance Group, representing approximately US$1.6 billion of reserves.
First announced on 14 August 2026, the transactions cover North American Middle Market and Workers’ Compensation portfolios and European liability books. Their completion demonstrates RiverStone’s ability to deliver complex legacy solutions at scale across multiple lines of business and jurisdictions.
Paul Brockman, Group Chief Executive Officer of RiverStone International, said:
“Completing these transactions demonstrates RiverStone’s ability to deliver complex legacy solutions at scale. Our global platform, expertise and capital enable us to address portfolios across multiple lines and jurisdictions, creating meaningful certainty for our partners.
“Our relationship with QBE has been built over the years, and these transactions are another strong example of what a successful partnership can deliver.”
RiverStone International media contacts:
Haggie Partners
Damian Beeley and Finlay Gardner
Tel: +44 (0)207 562 4444