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THE MORNING EDITIONInsurance. Risk. A changing world.
Morning edition / 2 November 2026Two editions a day, wire updated in between · How we report · The team

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Reinsurance · Transaction completion

RiverStone International completes loss portfolio transfers with QBE covering about $1.6bn of reserves

Legacy specialist RiverStone International has completed loss portfolio transfer deals with QBE Insurance Group covering about $1.6bn of reserves, Reinsurance News reported. The transactions were first announced in August. They cover QBE's North American middle-market and workers' compensation portfolios and European liability books.

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RiverStone International, a buyer of legacy insurance liabilities, has completed the loss portfolio transfer (LPT) deals it agreed with QBE Insurance Group, taking on about $1.6bn of reserves, Reinsurance News reported on 30 October.

The transactions were announced in August. They cover QBE's North American middle-market and workers' compensation portfolios and its European liability books. Group chief executive Paul Brockman said completing them showed RiverStone's ability to deliver complex legacy deals at scale. The report gave no financial terms beyond the size of the reserves.

The two companies have done this before. In 2024 RiverStone completed an LPT with several QBE subsidiaries, including Lloyd's syndicates, and assumed $1.2bn of reserves with effect from 1 July 2024, Insurance Business reported at the time. That report said RiverStone had acquired more than $15.5bn of liabilities since 2010.

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News publisher · 30 Oct 2026

This is an original brief based on the linked publication. Company statements and forecasts are attributed to their source.

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