AXIS Capital secures $605m LPT reinsurance deal with RiverStone
16-12-2022
David Rocke, group head of M&A of RiverStone International
Legacy focused Lloyd’s specialist underwriter RiverStone International has secured $305 million of multi-year collateralised reinsurance, with financing led by investment bank JP Morgan, on the heels of its major £1.2 billion reinsurance-to-close (RITC) and loss portfolio transfer (LPT) deal with MS Amlin.
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RiverStone, Reinsurance, JP Morgan, Aon, MS Amlin, Lloyd's, London market, UK