RiverStone International signs LPT with Pacific Valley Insurance

Reuters

2025/03/21

By Michael Jones

March 21 - (The Insurer) - Lloyd's legacy specialist RiverStone International has signed an agreement with Lyft captive Pacific Valley Insurance Company to provide loss portfolio transfer reinsurance $(LPT)$ for a commercial auto liability portfolio.

The transaction was effective from 1 January 2025 and saw Guy Carpenter act as the broker of record.

RiverStone said this was the first transaction completed directly within its U.S. entity.

The Lloyd's legacy player completed the acquisition of Electric Insurance Company and its two subsidiaries, Elm Insurance Company and Electric Insurance Agency, in June 2024.

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</span>(The Insurer) - Lloyd's legacy specialist RiverStone International has signed an agreement with Lyft captive Pacific Valley Insurance Company to provide loss portfolio transfer reinsurance <a href=\"https://laohu8.com/S/LPT\">$(LPT)$</a> for a commercial auto liability portfolio.</p><p>The transaction was effective from 1 January 2025 and saw Guy Carpenter act as the broker of record.</p><p>RiverStone said this was the first transaction completed directly within its U.S. entity.</p><p>The Lloyd's legacy player completed the acquisition of Electric Insurance Company and its two subsidiaries, Elm Insurance Company and Electric Insurance Agency, in June 2024.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>RiverStone International signs LPT with Pacific Valley Insurance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRiverStone International signs LPT with Pacific Valley Insurance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-03-21 18:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>RiverStone International signs LPT with Pacific Valley Insurance</title></head><body><p>By Michael Jones</p><p><span>March 21</span><span> - </span>(The Insurer) - Lloyd's legacy specialist RiverStone International has signed an agreement with Lyft captive Pacific Valley Insurance Company to provide loss portfolio transfer reinsurance <a href=\"https://laohu8.com/S/LPT\">$(LPT)$</a> for a commercial auto liability portfolio.</p><p>The transaction was effective from 1 January 2025 and saw Guy Carpenter act as the broker of record.</p><p>RiverStone said this was the first transaction completed directly within its U.S. entity.</p><p>The Lloyd's legacy player completed the acquisition of Electric Insurance Company and its two subsidiaries, Elm Insurance Company and Electric Insurance Agency, in June 2024.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0640476718.USD","symbol_name":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250321:nL6N3Q40C0:1","article_id":"2521140933","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2521140933","pubTimestamp":1742553055,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"RiverStone International signs LPT with Pacific Valley InsuranceBy Michael JonesMarch 21 -  - Lloyd's legacy specialist RiverStone International has signed an agreement with Lyft captive Pacific Valley Insurance Company to provide loss portfolio transfer reinsurance  for a commercial auto liability portfolio.The transaction was effective from 1 January 2025 and saw Guy Carpenter act as the broker of record.RiverStone said this was the first transaction completed directly within its U.S. entity.The Lloyd's legacy player completed the acquisition of Electric Insurance Company and its two subsidiaries, Elm Insurance Company and Electric Insurance Agency, in June 2024.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4566":"资本集团","BK4022":"陆运","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","BK4230":"旅客陆运","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","BK4206":"工业集团企业","MMC":"Marsh & McLennan","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - 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