8 February 2022
RiverStone International, the industry-leading acquirer and reinsurer of legacy and discontinued insurance business, today announces that David Rocke has joined the company effective 1 February 2022 as managing director of their Bermuda division.
Rocke has more than 25 years of experience in insurance and reinsurance legacy M&A, with a specific focus on transactions in Bermuda, the UK and the US. Prior to joining RiverStone, Rocke held the position of executive vice-president of M&A at Enstar and has been based in Bermuda since 2006. In this role he had a specialist focus on M&A projects and was responsible for numerous acquisition transactions involving billions of reserve liabilities. He also acted as a director for more than 20 regulated entities in Bermuda and the UK.
Luke Tanzer, chief executive officer of RiverStone International, said: “We are delighted to welcome David to our group. He brings a wealth of market experience and will be central to the development of our Bermuda platform and achievement of our international growth plans. The talent within our team and their in-depth understanding of legacy and the wider insurance market is one of the key drivers of RiverStone’s continued success.”
Rocke added: “RiverStone International has a well-deserved reputation in the legacy space and has been expanding at a rapid pace. I am thrilled to be joining at a time when the Bermuda and wider markets are presenting fantastic opportunities and I am looking forward to working with Luke and the team.”
Notes to Editors
About RiverStone International
RiverStone International is an industry-leading acquirer and reinsurer of legacy and discontinued insurance business. Operating in the UK company and Lloyd’s of London markets, RiverStone International has transacted a wide variety of deals – from insurance and reinsurance portfolio transfers to company purchases, acquiring over US$7 billion of liabilities since 2010 and with around US$4 billion of liabilities currently under management. RiverStone International’s highly skilled and tenured professionals employ ownership, accountability, commitment, and an open and flexible approach to all transactions to provide transactional certainty, deliver desired outcomes and maintain clients’ reputations. For further information about RiverStone International please visit: www.rsml.co.uk
Federica Aversa, Global Brand and Communications Manager
Tel : +44 20 7398 4329