Enstar Completes Loss Portfolio Transfer With QBE
Enstar Group Limited - Ordinary Shares (ESGR)
US:NASDAQ Investor Relations:
enstargroup.com/investor-relations
Company Research
Source: GlobeNewswire
HAMILTON, Bermuda, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly-owned subsidiaries has closed a previously announced ground-up loss portfolio transfer transaction with subsidiaries of QBE Insurance Group Limited (“QBE”) to reinsure a portfolio of US commercial liability and workers’ compensation business, largely underwritten on recently discontinued programs. Under the reinsurance agreement, QBE ceded net reserves of approximately $376 million, and Enstar’s subsidiary provided approximately $175 million of cover in excess of the ceded reserves. Completion of the transaction followed receipt of regulatory approvals and satisfaction of various other closing conditio
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News
- Enstar Group Limited (NASDAQ: ESGR) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Enstar Completes Previously Announced Transactions with James River [Yahoo! Finance]Yahoo! Finance
- Enstar Completes Previously Announced Transactions with James RiverGlobeNewswire
- Enstar Group Limited (NASDAQ: ESGR) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- AXIS Advances Transition to Specialty Underwriter, Announces Loss Portfolio Transfer Reinsurance Agreement With Enstar on Reinsurance Segment ReservesGlobeNewswire
ESGR
Sec Filings
- 12/20/24 - Form 4
- 12/19/24 - Form 4
- 12/18/24 - Form 4
- ESGR's page on the SEC website