{"id":2449,"date":"2025-03-20T13:14:29","date_gmt":"2025-03-20T13:14:29","guid":{"rendered":"https:\/\/www.rsml.co.uk\/?p=2449"},"modified":"2025-03-20T13:14:30","modified_gmt":"2025-03-20T13:14:30","slug":"riverstone-international-announces-loss-portfolio-transfer-deal-with-pacific-valley-insurance-company","status":"publish","type":"post","link":"https:\/\/www.rsml.co.uk\/2025\/03\/riverstone-international-announces-loss-portfolio-transfer-deal-with-pacific-valley-insurance-company\/","title":{"rendered":"RiverStone International announces loss portfolio transfer deal with Pacific Valley Insurance Company"},"content":{"rendered":"\n<p>Beverly, Massachusetts,<strong> <\/strong>20 March 2025<\/p>\n\n\n\n<p>RiverStone International today announced that it has signed an agreement with Pacific Valley Insurance Company, a wholly owned subsidiary of Lyft, to provide a loss portfolio transfer reinsurance (LPT) for a commercial auto liability (CAL) portfolio effective from 1 January 2025.<\/p>\n\n\n\n<p>Nick Schulson, CEO of RiverStone International Insurance, said: \u201cWe are thrilled to partner with Pacific Valley Insurance Company to complete our first transaction directly within RiverStone International\u2019s recently-acquired US entity. We appreciate the opportunity to work on this loss portfolio transfer and recognise Lyft\u2019s commitment to effective risk management. This loss portfolio transfer reinsurance marks a strong step in our commitment to expanding our presence in the US market, leveraging our robust platform and operations to deliver a tailored and effective solution for our client. RiverStone International is delighted to strengthen relationships and grow our scale in North America, and we welcome the opportunity to provide professional legacy solutions to markets in this region.&#8221;<\/p>\n\n\n\n<p>Guy Carpenter was the broker of record.<\/p>\n\n\n\n<p class=\"has-text-align-center\">Ends<\/p>\n\n\n\n<p>About RiverStone International<\/p>\n\n\n\n<p>RiverStone International is an industry-leading acquirer and reinsurer of legacy and discontinued insurance business. Operating in the UK company and Lloyd\u2019s of London markets, Bermuda, U.S. and Europe, RiverStone International has transacted a wide variety of deals \u2013 from insurance and reinsurance portfolio transfers to company purchases, acquiring more than US$17.3billion of liabilities since 2010 and with around US$6.9billion of total liabilities. RiverStone International\u2019s 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\u2019 reputations. For further information about RiverStone International please visit: www.rsml.co.uk<\/p>\n\n\n\n<p>Riverstone International media contacts:<\/p>\n\n\n\n<p>Haggie Partners<br>Damian Beeley and Bec Seaton<br>Tel: +44 (0)207 562 4444<br>Damian.Beeley@haggie.co.uk<br>Bec.Seaton@haggie.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Beverly, Massachusetts, 20 March 2025 RiverStone International today announced that it has signed an agreement with Pacific Valley Insurance Company, a wholly owned subsidiary of Lyft, to provide a loss portfolio transfer reinsurance (LPT) for a commercial auto liability (CAL) portfolio effective from 1 January 2025. Nick Schulson, CEO of RiverStone International Insurance, said: \u201cWe [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19],"tags":[],"class_list":["post-2449","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RiverStone International announces loss portfolio transfer deal with Pacific Valley Insurance Company - 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\/2025\/03\/riverstone-international-announces-loss-portfolio-transfer-deal-with-pacific-valley-insurance-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RiverStone International announces loss portfolio transfer deal with Pacific Valley Insurance Company - RiverStone International\" \/>\n<meta property=\"og:description\" content=\"Beverly, Massachusetts, 20 March 2025 RiverStone International today announced that it has signed an agreement with Pacific Valley Insurance Company, a wholly owned subsidiary of Lyft, to provide a loss portfolio transfer reinsurance (LPT) for a commercial auto liability (CAL) portfolio effective from 1 January 2025. Nick Schulson, CEO of RiverStone International Insurance, said: \u201cWe [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rsml.co.uk\/2025\/03\/riverstone-international-announces-loss-portfolio-transfer-deal-with-pacific-valley-insurance-company\/\" \/>\n<meta property=\"og:site_name\" content=\"RiverStone International\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-20T13:14:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-20T13:14:30+00:00\" \/>\n<meta name=\"author\" content=\"Alan Dillaway\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alan Dillaway\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.rsml.co.uk\\\/2025\\\/03\\\/riverstone-international-announces-loss-portfolio-transfer-deal-with-pacific-valley-insurance-company\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.rsml.co.uk\\\/2025\\\/03\\\/riverstone-international-announces-loss-portfolio-transfer-deal-with-pacific-valley-insurance-company\\\/\"},\"author\":{\"name\":\"Alan Dillaway\",\"@id\":\"https:\\\/\\\/www.rsml.co.uk\\\/#\\\/schema\\\/person\\\/b7110a8b1e582424ef8d957e57737f1b\"},\"headline\":\"RiverStone International announces loss portfolio transfer deal with Pacific Valley Insurance Company\",\"datePublished\":\"2025-03-20T13:14:29+00:00\",\"dateModified\":\"2025-03-20T13:14:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.rsml.co.uk\\\/2025\\\/03\\\/riverstone-international-announces-loss-portfolio-transfer-deal-with-pacific-valley-insurance-company\\\/\"},\"wordCount\":308,\"publisher\":{\"@id\":\"https:\\\/\\\/www.rsml.co.uk\\\/#organization\"},\"articleSection\":[\"Press Releases\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.rsml.co.uk\\\/2025\\\/03\\\/riverstone-international-announces-loss-portfolio-transfer-deal-with-pacific-valley-insurance-company\\\/\",\"url\":\"https:\\\/\\\/www.rsml.co.uk\\\/2025\\\/03\\\/riverstone-international-announces-loss-portfolio-transfer-deal-with-pacific-valley-insurance-company\\\/\",\"name\":\"RiverStone International announces loss portfolio transfer deal with Pacific Valley Insurance Company - 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