Crum & Forster completes LPT for construction risk with in-house RiverStone
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Crum & Forster completes LPT for construction risk with in-house RiverStone

James Thaler
February 11, 2022
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Crum Forster construction.jpg

Specialty insurer Crum & Forster completed a loss portfolio transfer (LPT) with RiverStone in the fourth quarter that lowered the insurer’s premiums in the period by $358mn, executives for parent company Fairfax Financial disclosed Friday. 

The portfolio transferred covered liabilities associated with its construction and construction defect business, but executives did not go into further detail.

“Essentially

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NewsFairfax FinancialResultsCrum & ForsterEarnings
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