Riverstone appoints ex Partners Re CEO to board

Legacy and runoff specialist RiverStone International has appointed Costas Miranthis as an independent non-executive director on its group board. It has also hired Neil Taylor as the group chief investment officer and to the group board.

Miranthis has over 35 years of experience in the financial and insurance sectors, including 13 years at PartnerRe, seven as its chief executive officer. He also serves on the boards of Hiscox, the Argus Group, and Pacific Life Re as an independent non-executive director.

Taylor joins from non-life runoff specialist insurer Catalina, where he was its European chief investment officer, responsible for all its regulated insurance entities in the region. He has deep insight into how a legacy business’s investment function can operate optimally, with credit experience across multiple asset classes and geographies, according Riverstone,. This will be critical as it establishes its independent investment strategy, it added.

Luke Tanzer, chief executive officer of RiverStone International, said: “As RiverStone International continues to expand, we seek to hire the industry’s leading specialists who will strengthen our capabilities and help us offer the best possible service to our clients. We are delighted to welcome Costas and Neil to our Group. They bring a wealth of experience and will be central to achieving our growth plans as a focused independent company.”