RIVERSTONE INSURANCE (UK) LIMITED

1. RIVERSTONE INSURANCE (UK) LIMITED 2000-08-01 → present
2. DAI-TOKYO INSURANCE COMPANY (U.K.) LIMITED 1974-04-19 → 2000-08-01

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “Effective 31st December 2024, the Company entered into the following transaction: the loss portfolio transfer reinsurance originally written by an unaffiliated UK regulated insurance carrier. This transaction resulted in the transfer to the Company of gross and net technical provisions of $72.8 million. Subject to court approval these liabilities will legally transfer via a Part VII late in 2025.”
• “During the year, the Company has elected to change its accounting policy for the treatment of retroactive Quota Share ("QS") reinsurance contracts.”
• “The Company acquired one run-off portfolio during 2024, after a period of limited activity in the UK company legacy market.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -56.1%

  £119,187,546 → £52,336,546

• Net assets

  —

  Not reported

• Employees

  —

  Not reported

• Profit before tax

  -15.1%

  £63,097,850 → £53,588,584

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers