James River transfers legacy commercial auto portfolio to Uber captive
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James River transfers legacy commercial auto portfolio to Uber captive

Luke Harrison
September 30, 2021
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James River has announced that two of its operating subsidiaries have entered into a loss portfolio transfer reinsurance transaction with Aleka Insurance, a wholly owned captive insurer of Uber Technologies.

Aleka will reinsure substantially all of James River’s legacy portfolio of commercial auto policies related to Uber’s ridesharing business.

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