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Stock impact report

Enstar Announces Four Reinsurance-To-Close Transactions With AmTrust Syndicates

Enstar Group Limited - Ordinary Shares (ESGR) 
US:NASDAQ Investor Relations: enstargroup.com/investor-relations
Company Research Source: GlobeNewswire
HAMILTON, Bermuda, Feb. 15, 2019 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that its Lloyd’s managing agency has completed four reinsurance-to-close transactions for the 2016 and prior years of account of Syndicates 1206, 1861, 2526 and 5820, managed by AmTrust Syndicates Limited. The transactions were completed February 14, 2019. Enstar, through Syndicate 2008, has assumed net reinsurance reserves of approximately £650 million (approximately $830 million) effective January 1, 2019. About Enstar Enstar is a multi-faceted insurance group, with over $15 billion in assets, that offers innovative capital release solutions and specialty underwriting capabilities through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia, and other international locations. Enstar is a market leader in completing legacy acquisitions, having acquired over 90 companies and portfolios since its formation in 2001. Enst Show less Read more
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