Slaughter and May is advising RiverStone International on its split RITC with MS Amlin

Slaughter and May is advising RiverStone International on its split reinsurance-to-close transaction (“RITC”) with MS Amlin. Effective as of 1 January 2022, RiverStone is reinsuring certain UK property and casualty liabilities written by MS Amlin in its 2019 and prior years of account with net technical provisions of US$266 million. RiverStone is also reinsuring certain liabilities from the 2020 year of account pursuant to a 100% quota share reinsurance agreement.