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22 May 2012

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RiverStone set for RITC of Syndicate 376

11 November 2010

Legacy specialist RiverStone is set to reinsure-to-close the open years of Syndicate 376, one of the largest remaining syndicates in run-off in the Lloyd's market, The Insurance Insider can reveal.

The syndicate is currently under the control of Whittington Capital Management. Details of the size of the deal, which is subject to contract, were not available.

Alleghany's Syndicate 376 - which collapsed on the Central Fund at the end of 2001 leading to losses for the market - wrote a...

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