Reinsurance News

RiverStone International

RiverStone International launches in Australia with local acquisition and Zurich legacy deal

17th March 2026

RiverStone International, an acquirer and reinsurer of legacy and discontinued insurance business, has launched in Australia through the acquisition of a locally domiciled insurer and a significant legacy portfolio transaction with global insurance carrier Zurich. The global legacy firm has acquired RiverStone International Australia PTY LTD to support the Group's offerings ... Read the full article

RiverStone International appoints Ciara Browne as Chief Risk Officer

3rd March 2026

RiverStone International, a global provider of legacy solutions, has appointed Ciara Browne as Chief Risk Officer (CRO). Browne is an experienced actuary and consultant in the Irish insurance market, with more than a decade of experience advising insurance clients on financial reporting, risk management and regulatory matters. She has extensive experience across ... Read the full article

Reinsurance News Bermuda Legacy Market Roundtable 2025

8th December 2025

In November, we hosted a legacy re/insurance market roundtable, in partnership with RiverStone International, in Hamilton, Bermuda, which saw nine experts and leaders from across the run-off world debate current market dynamics, challenges, and opportunities for the future. The 2025 Reinsurance News Bermuda Legacy Market Roundtable report, in ... Read the full article

Pritchard to succeed Creed as RiverStone International UK CEO

5th December 2025

RiverStone International, a global provider of legacy solutions, has announced the appointment of Charlotte Pritchard as UK CEO, effective 5 January, subject to regulatory approval. She will be succeeding Andrew Creed who will become group president on the same date, as previously announced, while continuing his role as group CFO. Pritchard ... Read the full article

Bermuda Legacy Roundtable: A more mature, structured market sets the stage for new opportunities

20th November 2025

The global legacy market continues to evolve and respond well to varying seller motivations, and with the live market entering a softer phase and M&A activity increasing, industry experts expect new opportunities for the space. On November 6th, supported by global legacy player RiverStone International, we hosted our Bermuda Legacy Market ... Read the full article

Riverstone appoints Enstar’s Brockman as Group CEO, to succeed Tanzer

9th July 2025

Paul Brockman has been appointed as the new group chief executive officer of RiverStone International Holdings, succeeding Luke Tanzer who will be retiring later this year. Additionally, the company also announced the appointment of Andrew Creed as group president, in addition to his responsibilities as group chief financial officer. In a statement ... Read the full article

I’m very positive on where the legacy market is and where it’s going: RiverStone International Group CFO

19th May 2025

After a “fantastic” 2024 underpinned by a progressive global buildout and impressive year-on-year growth across all key metrics, Andy Creed, Group Chief Financial Officer (CFO) and UK CEO of legacy acquirer RiverStone International, is “very positive” on where the run-off market is going. Last week, at the annual IRLA conference in ... Read the full article

David Soutter to lead RiverStone’s Risk Bermuda team

8th May 2025

David Soutter has joined legacy reinsurance and run-off specialist RiverStone International as Head of Risk, Bermuda. A re/insurance executive with experience in financial reporting, regulatory reporting, risk management and treasury related matters, Soutter joined RiverStone from Zurich Management (Bermuda), where he most recently served as Project Director. During this time, he led ... Read the full article

RiverStone sees $260m in underwriting profits for 2024

30th April 2025

Legacy sector leader RiverStone International has reported $260 million in underwriting profits for 2024, up 22% from 2023's $213 million. RiverStone also disclosed $2.6 billion in net claims outstanding acquired in 2024, up from $2.2 billion in 2023, with six transactions closed in 2024. RiverStone's investment income also improved in 2024, rising ... Read the full article

RiverStone signs reinsurance to close contract with Asta

17th February 2025

RiverStone International has signed a reinsurance to close contract with Asta Managing Agency, under which the 2022 underwriting year of account of Hampden Risk Partners (HRP) Syndicate 2689 will close into Riverstone International Syndicate 3500. According to RiverStone, a leading acquirer of legacy business in the Lloyd’s market, the net technical ... Read the full article

RiverStone appoints Nicola Gaisford as Head of M&A, UK & Europe

5th November 2024

RiverStone International, a provider of legacy solutions, has announced the appointment of Nicola Gaisford as Head of M&A - UK & Europe. Gaisford has been with RiverStone since July 2023, joining as Associate Director of M&A Strategy and Business Development. Before that, she spent six years at Randall & Quilter Investment Holdings, ... Read the full article

RiverStone Intl. hires James Insley as Deputy Group & UK CFO

30th August 2024

RiverStone International, a provider of legacy solutions, has appointed industry veteran James Insley as its new Deputy Group & UK Chief Financial Officer (CFO). In his new role, Insley will work closely with RiverStone International's Group and International Finance teams, as well as the company's Financial Planning and Strategy team, to ... Read the full article

RiverStone International completes acquisition of Catalina Insurance Ireland

6th February 2024

RiverStone International, the largest provider of legacy solutions in the Lloyd’s market, has completed the acquisition of Catalina Insurance Ireland, an Irish insurance company regulated by the Central Bank of Ireland. RiverStone first announced the acquisition in September of 2023, receiving regulatory approval in January 2024 and officially closing the ... Read the full article

SiriusPoint, Riverstone Intl., Enstar Group & more rule out insuring EACOP

19th January 2024

A number of organisations have officially ruled out involvement in the controversial East African Crude Oil Pipeline (EACOP) project, including re/insurance market players SiriusPoint, Riverstone International, Enstar Group, and specialty insurers Blenheim and SA Meacock. 28 re/insurers have now declared they will not offer insurance for EACOP because of the significant ... Read the full article

RiverStone International acquires Catalina Insurance Ireland

11th September 2023

RiverStone International, the largest provider of legacy solutions in the Lloyd’s market, has signed an agreement with members of the Catalina Group to acquire Catalina Insurance Ireland, an Irish insurance company regulated by the Central Bank of Ireland. The acquisition, which remains subject to regulatory approvals, is set to broaden RiverStone International's ... Read the full article