Axis strikes LPT deal with RiverStone for PL, liability insurance portfolios
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Axis strikes LPT deal with RiverStone for PL, liability insurance portfolios

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Axis Capital has entered a loss portfolio transfer (LPT) reinsurance deal with Bermuda run-off carrier RiverStone International.

The transaction, subject to regulatory approval, covers net reserves for losses and loss expenses of around $400mn, and provides ground-up cover to a policy limit of $605mn.

The

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