{"id":2726,"date":"2026-03-17T09:23:23","date_gmt":"2026-03-17T09:23:23","guid":{"rendered":"https:\/\/www.rsml.co.uk\/?p=2726"},"modified":"2026-03-17T09:30:37","modified_gmt":"2026-03-17T09:30:37","slug":"riverstone-international-launches-australian-presence-with-company-acquisition-leadership-appointment-and-legacy-transaction-with-zurich","status":"publish","type":"post","link":"https:\/\/www.rsml.co.uk\/2026\/03\/riverstone-international-launches-australian-presence-with-company-acquisition-leadership-appointment-and-legacy-transaction-with-zurich\/","title":{"rendered":"RiverStone International launches Australian presence with company acquisition, leadership appointment and legacy transaction with Zurich"},"content":{"rendered":"\n

LONDON\/SYDNEY \u2013 17 March 2026:<\/strong> \u2014 RiverStone International today announced the establishment of an Australian operation, marked by the acquisition of a locally domiciled insurer and the appointment of an experienced managing director. Concurrently, RiverStone International also announces a significant legacy portfolio transaction with Zurich Australian Insurance and Zurich Insurance Company (collectively, Zurich).<\/p>\n\n\n\n

RiverStone International has acquired RiverStone International Australia PTY LTD, which will support the Group\u2019s global legacy offerings in the Australian market. RiverStone International is also pleased to announce the appointment of Mark Fleiser as managing director of RiverStone International\u2019s Australian operations.<\/p>\n\n\n\n

Fleiser brings more than 20 years of senior experience in the Australian general insurance market, with additional New Zealand experience. He has held leadership roles across underwriting, portfolio management, governance, reinsurance and claims, and is recognised for building high-performing teams and managing specialty portfolios within strong regulatory and risk frameworks.<\/p>\n\n\n\n

Concurrently, RiverStone International has also entered into a legacy portfolio transaction with Zurich, primarily covering Zurich\u2019s Australian legacy professional indemnity, general liability and workers\u2019 compensation portfolios.<\/p>\n\n\n\n

The transaction covers policies in run-off for underwriting years 2023 and prior, with total net nominal reserves exceeding AUD 400 million. Liabilities will initially be transferred via a loss portfolio transfer (LPT) reinsurance to RiverStone\u2019s Bermuda company (RiverStone International Bermuda).<\/p>\n\n\n\n

Paul Brockman, group chief executive officer of RiverStone International, said:
\u201cThis is a major milestone for RiverStone International. Establishing a presence in Australia is a terrific step forward for the business, materially expanding our global footprint and reflecting the momentum we are building. It marks an important stage in our evolution as a truly global legacy and specialty insurer.\u201d<\/p>\n\n\n\n

Andy Creed, group president of RiverStone International, added:
\u201cIt is a pleasure to once again work with Zurich in supporting their strategic initiatives. The ongoing relationship we have built with Zurich is testament to the strength of RiverStone International\u2019s operations and our commitment to building long-term partnerships with key clients. This transaction demonstrates RiverStone International\u2019s ability to execute complex legacy solutions within a robust regulatory framework.\u201d<\/p>\n\n\n\n

Alex Morgan, head of general insurance, Zurich Australia & New Zealand, said: \u201cZurich is pleased to have worked with RiverStone on this transaction, which builds upon an existing relationship between the two organisations.<\/p>\n\n\n\n

\u201cZurich\u2019s Australian ongoing general insurance business holds a strong position in the market, with significant growth ambitions. This transaction represents a key moment as we seek to invest further in scaling and innovating our ongoing local business, whilst continuing to deliver the quality outcomes we are known for.\u201d<\/p>\n\n\n\n

RiverStone International media contacts:<\/p>\n\n\n\n

Haggie Partners
Damian Beeley and Finlay Gardner
Tel: +44 (0)207 562 4444
damian.beeley@haggiepartners.com<\/a>
finlay.gardner@haggiepartners.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

LONDON\/SYDNEY \u2013 17 March 2026: \u2014 RiverStone International today announced the establishment of an Australian operation, marked by the acquisition of a locally domiciled insurer and the appointment of an experienced managing director. Concurrently, RiverStone International also announces a significant legacy portfolio transaction with Zurich Australian Insurance and Zurich Insurance Company (collectively, Zurich). RiverStone International […]<\/p>\n","protected":false},"author":3,"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-2726","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\nRiverStone International launches Australian presence with company acquisition, leadership appointment and legacy transaction with Zurich - 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\/2026\/03\/riverstone-international-launches-australian-presence-with-company-acquisition-leadership-appointment-and-legacy-transaction-with-zurich\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RiverStone International launches Australian presence with company acquisition, leadership appointment and legacy transaction with Zurich - RiverStone International\" \/>\n<meta property=\"og:description\" content=\"LONDON\/SYDNEY \u2013 17 March 2026: \u2014 RiverStone International today announced the establishment of an Australian operation, marked by the acquisition of a locally domiciled insurer and the appointment of an experienced managing director. 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