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RiverStone and QBE Agree $1.6 Billion Loss Portfolio Transfer Reinsurance Deals

QBE Insurance logoQBE Insurance
Sig2.74Sen+2.58Env0.00Soc+0.45Gov+2.10

RiverStone International entered into loss portfolio transfer (LPT) agreements with QBE Insurance Group covering North American middle market and workers’ compensation portfolios and European liability books, representing about US$1.6 billion in reserves. The transactions are subject to regulatory approval and build on their long-running partnership.

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