RiverStone International has announced its first transaction involving the insurance-linked securities market. Announced on October 30, the deal involves the reinsurance of portfolios associated with funds managed by London-based investment management group Leadenhall Capital Partners.
QBE Loss Portfolio Transfers
The legacy specialist also completed a second set of reinsurance transactions with QBE Insurance Group, covering approximately US$1.6 billion of reserves. First detailed in August 2026, these deals encompass North American middle market and workers' compensation portfolios, as well as European liability books.
Why it matters
RiverStone International's debut transaction in the insurance-linked securities market with Leadenhall Capital Partners and its conclusion of US$1.6 billion in QBE reserve transfers mark a significant expansion in executing complex legacy solutions.
Jargon, explained
reinsurance
Insurance that insurers buy to transfer part of their own claims exposure.
Original source
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