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December 30, 2014RiverStone assumes responsibility for Italian medical malpractice portfolioIn December 2015 RiverStone Insurance (UK) Limited assumed economic and administrative responsibility for an Italian medical malpractice portfolio.
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September 1, 2014Assumption of portfolio from BritIn October 2012, RiverStone Holdings Limited acquired the issued share capital of Brit Insurance Limited (which subsequently changed its name to RiverStone Insurance Limited). Under the terms of the acquisition, the Brit group retained control of certain classes of business via a reinsurance agreement. RiverStone had the right, exercisable from April 2014, to commute this reinsurance arrangement. We are pleased to announce that in August 2014 RiverStone Insurance reached agreement with Brit to novate this reinsurance agreement and assumed control of this portfolio, which has reinsured liabilities of approximately £190 million.
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June 12, 2014RiverStone wins industry awardRiverStone Europe was proud to win the “Run-Off Company of the year” award at the prestigious Reactions London Market Awards, held at the Grange Tower Bridge Hotel on Wednesday 11 June 2014.
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March 19, 2014RiverStone Hits Charity Target for 2013!Each year, the employees in the RiverStone Europe group choose a charity to support with their fund-raising activities. For 2013 the chosen charity was Macmillan Cancer Support. The target fundraising amount for the year was £10,000, but after a fantastic year of charity events and fundraising RiverStone are pleased to announce that the total amount raised in aid of Macmillan was an incredible £24, 790. RiverStone would like to thank everyone who generously donated, each donation was greatly appreciated. Also, thank you to everyone who was involved in organising the activities and for those who took part for their hard work and support in helping us exceed our target!
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January 14, 2014Eagle Star Part VII Transfer Takes EffectWith effect from 23.59 on 31 December 2013 the general insurance business of Eagle Star Insurance Company Limited, Home and Overseas Insurance Company Limited and City of London Insurance Company Limited (including all policies, assets and liabilities) together with the benefit of all associated third party reinsurance contracts was transferred to RiverStone Insurance (UK) Limited.
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December 1, 2013RiverStone has moved to new London offices…..Our new address is: 2nd floor, 2 Minster Court, Mincing Lane, London, EC3R 7BB. 020 7398 4200
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November 11, 2013Eagle Star Part VII approvedIn December 2012, Eagle Star Insurance Company Limited, Home & Overseas Insurance Company Limited and City of London Insurance Company Limited (together “Eagle Star”) announced their intention to transfer their general insurance business to RiverStone Insurance (UK) Limited under Part VII of the Financial Services and Markets Act 2000. On 8 November 2013, the High Court approved the proposed transfer. As a result, Eagle Star’s general insurance business (including all policies, assets and liabilities) together with the benefit of all associated third party reinsurance contracts will transfer to RiverStone Insurance (UK) Limited on 31 December 2013.
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October 4, 2013A big thank you!A big thank you to everyone who generously supported the team at RiverStone UK in our recent Transatlantic Sports Challenge against our sister office in New Hampshire, USA, all of your donations were very much appreciated. Between our 3 offices in Darlington, London and Brighton we rowed, ran, swam, walked and cycled a total of 966 miles. More importantly we will have raised over £15,000 for Macmillan, our chosen charity this year, when donations, gift aid and some very generous matching of employee donations by RiverStone are taken into account. As a result Macmillan can help many more people with their fight through cancer. Our colleagues in the US also put a tremendous amount of work into fundraising for their chosen charity, which helps disabled and disadvantaged children. We’d agreed to compete with them to see who could raise the most money for our respective charities. It would be immodest of us to say who won, suffice to say that we’re happy to let them have another crack at the title next year.
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August 12, 2013Transfer of Eagle Star Insurance Company Limited, Home & Overseas Insurance Company Limited and City of London Insurance Company Limited to RiverStone Insurance (UK) LimitedPart VII transfer Eagle Star Insurance Company Limited, Home & Overseas Insurance Company Limited and City of London Insurance Company Limited are proposing to transfer their remaining general insurance business to RiverStone Insurance (UK) Limited under Part VII of the Financial Services and Markets Act 2000. To find out more about the transfer and access documents relating to it, please go to www.esitransfer.com. If you have any comments or queries, or feel you may be adversely affected by the proposed transfer, please contact us using one of the following methods: By Post: F.A.O Fraser Henry RiverStone Insurance (UK) Limited Park Gate, 161-163 Preston Road Brighton BN1 6AU By Phone: 01273 792475 By Email: Please mark in the subject header: The Eagle Star Transfer eaglestartransfer@rsml.co.uk
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July 8, 2013Fundraising updateEach year, the employees in RiverStone's UK companies choose a charity to support with their fund-raising activities. This year we have chosen Macmillan Cancer Support. From its early beginnings in 1911, Macmillan Cancer Support has grown to become the largest cancer care and support charity in the UK. They provide nurses and therapists to help cancer suffers through treatment, advisers to tell them which benefits they’re entitled to, volunteers to give them a hand with the everyday things and campaigners to push for better cancer care. Please help us raise funds for Macmillan to continue to make this possible. On Friday 20th September 4 teams from RiverStone will be walking, running, cycling, swimming and rowing as far as they can to raise money for Macmillan. Between us we will be completing a massive 154 mile walk, cycling 416 miles, running 132 miles, swimming 22,400 metres (that’s almost 900 lengths of a pool) and finally also rowing 70,000 metres - all in a day! Then at the end of that challenge we will compare our fundraising efforts against our colleagues in RiverStone’s US office who are also completing various sports to raise money on the same day. Between them, the 4 RiverStone teams in the UK are aiming to raise £6,000 for Macmillan. Please help us to reach our target by donating through our JustGiving pages at: http://www.justgiving.com/Special-Ops http://www.justgiving.com/RiverStone1 http://www.justgiving.com/DennoesDinosaurs http://www.justgiving.com/The-Pesky-Darmints Donating through JustGiving is simple, fast and totally secure. Your details are safe with JustGiving - they'll never share them with anyone or send you unwanted emails. Once you donate, they'll send your money directly to Macmillan. They'll make sure Gift Aid (an additional 25%) is reclaimed on every eligible donation by a UK taxpayer, too. One in three of us will get cancer and it’s the toughest fight most of us will ever face. By joining Team Macmillan in this fundraising event you're helping support people and their families living with cancer. So please dig deep and donate now.
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