Hashtag: #Enstar
![Enstar To Acquire Full Ownership Of KaylaRe Enstar To Acquire Full Ownership Of KaylaRe](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2015/11/Enstar-generic-JRsvUE9S.jpg&w=120&h=120&zc=1)
Enstar To Acquire Full Ownership Of KaylaRe
Enstar Group has signed an agreement to acquire a further 52% stake in KaylaRe Holdings Ltd., the parent company of KaylaRe Ltd., a Bermuda-based, Class 4 reinsurer. Added to its existing 48% equity holding, the acquisition will give Enstar full ownership of KaylaRe. Enstar founded KaylaRe in 2016 alongside funds managed by Hillhouse Capital Management,... Read more of this article
![Enstar Reinsures £840M Novae Legacy Portfolio Enstar Reinsures £840M Novae Legacy Portfolio](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2015/11/Enstar-generic-8QDFbkHG.jpg&w=120&h=120&zc=1)
Enstar Reinsures £840M Novae Legacy Portfolio
Enstar Group Limited announced that its Lloyd’s managing agency, StarStone Underwriting Limited, has finalized a reinsurance-to-close transaction with AXIS Managing Agency Limited under which Enstar’s Syndicate 2008 will reinsure to close the 2015 and prior underwriting years of account of Novae Syndicate 2007. Enstar will assume net reinsurance... Read more of this article
![Enstar Group To Sell Pavonia Life Business Enstar Group To Sell Pavonia Life Business](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2015/11/Enstar-generic-8QDFbkHG.jpg&w=120&h=120&zc=1)
Enstar Group To Sell Pavonia Life Business
Enstar Group Limited has completed a previously disclosed transaction to sell its subsidiary, Pavonia Holdings [US], Inc. for a total purchase price of $120 million to an affiliate of Global Bankers Insurance Group, LLC. Enstar originally acquired the Pavonia business from HSBC Finance in 2013. Related Stories Enstar’s Subsidiaries Complete... Read more of this article
![Enstar Group Reports Third Quarter Results Enstar Group Reports Third Quarter Results](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2015/11/Enstar-generic-JRsvUE9S.jpg&w=120&h=120&zc=1)
Enstar Group Reports Third Quarter Results
Enstar Group Limited filed its quarterly report on Form 10-Q with the SEC, reporting its earnings and financial position for the three and nine months ended September 30, 2017. Enstar reported consolidated net earnings of $39.0 million [or $1.99 per fully diluted share] for the three months ended September 30, 2017, compared to $156.0 million [or $8.02... Read more of this article
![Enstar Group Reports Second Quarter Results Enstar Group Reports Second Quarter Results](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2015/11/Enstar-generic-8QDFbkHG.jpg&w=120&h=120&zc=1)
Enstar Group Reports Second Quarter Results
Enstar Group Limited filed its quarterly report on Form 10-Q with the SEC, reporting its earnings and financial position for the three and six months ended June 30, 2017. Enstar reported consolidated net earnings of $90.2 million [or $4.62 per fully diluted share] for the three months ended June 30, 2017, compared to $40.6 million [or $2.09 per fully... Read more of this article
![Enstar Group Reports 2016 Year End Results Enstar Group Reports 2016 Year End Results](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2015/11/Enstar-generic-JRsvUE9S.jpg&w=120&h=120&zc=1)
Enstar Group Reports 2016 Year End Results
Bermuda-based Enstar Group Limited filed its annual report on Form 10-K with the SEC, reporting its earnings and financial position for the year ended December 31, 2016. Enstar reported consolidated net earnings of $264.8 million [or $13.62 per fully diluted share] for the year ended December 31, 2016 compared to $220.3 million [or $11.35 per fully... Read more of this article
![Enstar To Sell Pavonia To Global Bankers Enstar To Sell Pavonia To Global Bankers](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2015/11/Enstar-generic-8QDFbkHG.jpg&w=120&h=120&zc=1)
Enstar To Sell Pavonia To Global Bankers
Enstar Group Limited has entered into an agreement to sell its subsidiary Pavonia Holdings [US], Inc. for a total purchase price of $120 million to an affiliate of Global Bankers Insurance Group, the insurance and reinsurance group of companies of Eli Global, LLC. Pavonia owns Pavonia Life Insurance Company of Michigan, Pavonia Life Insurance Company... Read more of this article
![Enstar Group To Reinsure RSA Insurance Group Enstar Group To Reinsure RSA Insurance Group](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2015/11/Enstar-generic-JRsvUE9S.jpg&w=120&h=120&zc=1)
Enstar Group To Reinsure RSA Insurance Group
Bermuda-based Enstar Group Limited announced that one of its wholly owned subsidiaries has signed an agreement to reinsure RSA Insurance Group PLC’s [RSA] U.K. employers’ liability legacy business. Enstar’s subsidiary will assume gross insurance reserves of approximately £957 million [approximately $1.2 billion], relating to 2005... Read more of this article
![Enstar Acquires Dana Companies For $91.5M Enstar Acquires Dana Companies For $91.5M](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2015/11/Enstar-generic-8QDFbkHG.jpg&w=120&h=120&zc=1)
Enstar Acquires Dana Companies For $91.5M
Enstar Group Limited announced that Enstar Holdings [US] Inc. has acquired Dana Companies, LLC from Dana Incorporated for a total purchase price of $91.5 million. “Dana is a world leader in the supply of highly engineered drivetrain, sealing, and thermal-management technologies for vehicles,” Enstar said. “Dana Companies holds... Read more of this article
![Enstar Group Launches Reinsurer KaylaRe Enstar Group Launches Reinsurer KaylaRe](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2015/11/Enstar-generic-8QDFbkHG.jpg&w=120&h=120&zc=1)
Enstar Group Launches Reinsurer KaylaRe
Enstar Group Limited announced today the launch of KaylaRe Ltd., a Bermuda-based, Class 4 reinsurer offering a diversified range of specialty reinsurance to the global insurance market. “KaylaRe launches with initial capital of $620 million, backed by a $300 million investment from Enstar; $270 million from funds managed by Hillhouse Capital... Read more of this article
![StarStone To Begin Underwriting In Australia StarStone To Begin Underwriting In Australia](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2015/09/Starstone-generic-6kR8ByXF.jpg&w=120&h=120&zc=1)
StarStone To Begin Underwriting In Australia
StarStone, the global specialty insurer and subsidiary of Bermuda-based Enstar Group Limited, announced the creation of an underwriting capability in Australia. The new hub will operate alongside Enstar’s existing Australian operation, subject to regulatory approval. StarStone Australia will be led by Robin Barham and will target specialty business... Read more of this article
![Enstar Group Ltd Reports First Quarter Results Enstar Group Ltd Reports First Quarter Results](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2015/11/Enstar-generic-8QDFbkHG.jpg&w=120&h=120&zc=1)
Enstar Group Ltd Reports First Quarter Results
Bermuda-based Enstar Group Limited filed its quarterly report on Form 10-Q with the SEC, reporting its earnings and financial position for the three months ended March 31, 2016. Enstar reported consolidated net earnings of $45.5 million [or $2.35 per fully diluted share] for the three months ended March 31, 2016 compared to $44.8 million [or $2.32 per... Read more of this article
![Enstar To Reinsure $1.1B Of Allianz Re Enstar To Reinsure $1.1B Of Allianz Re](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2015/11/Enstar-generic-8QDFbkHG.jpg&w=120&h=120&zc=1)
Enstar To Reinsure $1.1B Of Allianz Re
Enstar Group Limited that one of its wholly owned subsidiaries completed a previously announced transaction to reinsure portfolios of Allianz Re’s U.S. run-off business. The closing followed receipt of regulatory approval and satisfaction of closing conditions. In the transaction, Enstar assumes net reinsurance reserves of approximately $1.1... Read more of this article
![Enstar: Reinsurance Of $1.1 Billion Of Allianz Enstar: Reinsurance Of $1.1 Billion Of Allianz](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2015/11/Enstar-generic-JRsvUE9S.jpg&w=120&h=120&zc=1)
Enstar: Reinsurance Of $1.1 Billion Of Allianz
Bermuda-based Enstar Group Limited announced today that one of its wholly owned subsidiaries has entered into an agreement to reinsure portfolios of Allianz Re’s U.S. run-off business. Enstar’s subsidiary will assume net reinsurance reserves of approximately $1.1 billion, by reinsuring 50% of certain workers’ compensation, construction... Read more of this article
![Enstar Completes Nationale Suisse Acquisition Enstar Completes Nationale Suisse Acquisition](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2011/10/lgo_enstar.jpg&w=120&h=120&zc=1)
Enstar Completes Nationale Suisse Acquisition
Enstar Group Limited announced today that one of its wholly owned subsidiaries completed the previously announced acquisition of Nationale Suisse Assurance S.A. from Helvetia Group. Nationale Suisse is a Belgium-based insurance company writing non-life and life insurance business. Upon the completion of the acquisition, Nationale Suisse has been renamed... Read more of this article
![Enstar Group Appoint New Director: Sandra Boss Enstar Group Appoint New Director: Sandra Boss](https://cloudfront.bernews.com/wp-content/themes/wp-clear/scripts/timthumb.php?src=uploads/2015/11/Enstar-generic-JRsvUE9S.jpg&w=120&h=120&zc=1)
Enstar Group Appoint New Director: Sandra Boss
Enstar Group Limited has appointed independent director Sandra L. Boss to its Board, effective from November 3, 2015. Ms. Boss will serve as a member of Enstar’s Compensation and Nominating and Governance Committees. Ms. Boss has served since September 2014 as an independent director of the Prudential Regulation Authority, part of the Bank of England... Read more of this article