{"id":1189,"date":"2020-02-11T14:31:00","date_gmt":"2020-02-11T14:31:00","guid":{"rendered":"http:\/\/localhost\/?p=1189"},"modified":"2023-01-22T14:32:59","modified_gmt":"2023-01-22T14:32:59","slug":"riverstone-completes-ritc-transaction-with-the-channel-syndicate","status":"publish","type":"post","link":"https:\/\/www.rsml.co.uk\/2020\/02\/riverstone-completes-ritc-transaction-with-the-channel-syndicate\/","title":{"rendered":"RiverStone Completes RITC Transaction With The Channel Syndicate"},"content":{"rendered":"\n

10 February 2020 \u2013 RiverStone has completed its RITC transaction with The Channel Syndicate, SCOR Specialty\u2019s Lloyd\u2019s arm. The transaction is effective from 1 January 2020, and covers the 2017 and prior years of account of Syndicate 2015. RiverStone and Channel are working closely together to ensure the continuity of their excellent service to all stakeholders.<\/p>\n\n\n\n

\u201cWe are delighted that Channel has chosen us to help deliver their strategic aims,\u201d said Luke Tanzer, Managing Director of RiverStone UK. \u201cThis transaction will enable Channel to concentrate on their ongoing core business safe in the knowledge that their reputation will be protected by RiverStone\u2019s commitment and focus on the delivery of excellence in the management of legacy business.\u201d<\/em><\/p>\n\n\n\n

RiverStone Managing Agency Limited and its service company, RiverStone Management Limited, will be managing the business with effect from 1 April 2020. Until this date, Channel will retain the day-to-day management of the portfolio on behalf of RiverStone.<\/p>\n\n\n\n

This transaction, brokered by Guy Carpenter, enables SCOR to deploy its capital efficiently and for RiverStone to bring its claims management expertise and focus onto this portfolio.<\/p>\n\n\n\n

For further information please contact:<\/p>\n\n\n\n

Luke Tanzer
Managing Director
RiverStone Managing Agency Limited
Luke.Tanzer@rsml.co.uk<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

10 February 2020 \u2013 RiverStone has completed its RITC transaction with The Channel Syndicate, SCOR Specialty\u2019s Lloyd\u2019s arm. The transaction is effective from 1 January 2020, and covers the 2017 and prior years of account of Syndicate 2015. RiverStone and Channel are working closely together to ensure the continuity of their excellent service to all […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19],"tags":[],"class_list":["post-1189","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\nRiverStone Completes RITC Transaction With The Channel Syndicate - RiverStone International<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rsml.co.uk\/2020\/02\/riverstone-completes-ritc-transaction-with-the-channel-syndicate\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RiverStone Completes RITC Transaction With The Channel Syndicate - RiverStone International\" \/>\n<meta property=\"og:description\" content=\"10 February 2020 \u2013 RiverStone has completed its RITC transaction with The Channel Syndicate, SCOR Specialty\u2019s Lloyd\u2019s arm. 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