18th June 2012
TORONTO, ONTARIO--(Marketwire - June 18, 2012) -
(Note: All dollar amounts in this press release are expressed in U.S. dollars.)
Fairfax Financial Holdings Limited ("Fairfax") (TSX:FFH)(TSX:FFH.U) announces that its RiverStone runoff subsidiary has entered into an agreement with Brit Group to purchase all the outstanding shares of Brit Insurance Limited (BIL) of London, England, which...
Read More
23rd November 2011
The staff at RiverStone have so far raised £3,414 for the Rockinghorse charity over the last few months. The money has been raised from various activities including a challenging sponsored walks on the south downs, the great south run, cake making and a management 'Come Dine with Me' competition.Fundraising activities will continue until our employees raise enough money to...
Read More
25th March 2011
Comic Relief 18th March 2011
The staff at Riverstone have managed to raise a grand total of £671.11 through various fundraising activities on Friday 18th, these included raffles, sweepstakes, cake sales and a crazy golf competion. The company has agreed to match their efforts taking the total contribution to £1,350
Read More
14th January 2011
RiverStone has completed its deal to reinsure-to-close (RITC) the open years of Syndicate 376. The syndicate has been under the control of Whittington Capital Management, and is one of the largest in run-off in the Lloyd's market. Syndicate 376 has gross liabilities of approximately $250mn, down from around $1bn.
Alleghany's Syndicate 376 collapsed on the Central Fund at the end of...
Read More
1st October 2010
RiverStone has taken on the open years of all corporate members for Syndicate 2112, Bank of America International Underwriters Limited with $30m gross liabilities. Syndicate 2112 comprises commercialgeneral liability written through cover holders in the US for small to medium sized builders, with minimal exposure to Chinese dry wall.
Luke TanzerManaging Director.
Read More