NasdaqGS - Nasdaq Real Time Price • USD Enstar Group Limited (ESGR) Follow Compare 327.00 -0.04 (-0.01%) At close: January 24 at 4:00:01 PM EST 327.00 0.00 (0.00%) After hours: January 24 at 4:01:34 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Enstar’s Syndicate 2008 enters loss portfolio transfer deal with Atrium This move involves the transfer of net loss reserves from Atrium's discontinued portfolios. Enstar Legacy Syndicate 2008 Agrees $196m LPT Deal with Atrium Syndicate 609 HAMILTON, Bermuda, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) announced today its Lloyd’s syndicate (“Syndicate 2008”), managed by Enstar Managing Agency Limited, has agreed a ground-up loss portfolio transfer (“LPT”) with Atrium Syndicate 609, managed by Atrium Underwriters Limited. The transaction involves Syndicate 609’s discontinued portfolios, comprising Marine Treaty Reinsurance, Property Treaty Reinsurance and US Contractors General Liability. Under t AGDC and Glenfarne advance $44bn Alaska LNG project Glenfarne Group to lead the Alaska LNG Project, with gas delivery expected by 2031. AXIS Capital hires Chubb executive as new head of global markets Farrup will report to AXIS president and CEO Vince Tizzio and join the executive committee. Enstar Completes Previously Announced Transactions with James River HAMILTON, Bermuda, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (NASDAQ: ESGR) announced today that it has completed the previously announced transaction between one of its wholly owned subsidiaries and certain subsidiaries of James River Group Holdings, Ltd. (“James River”), following receipt of the relevant regulatory approval and satisfaction of the other closing conditions. Under the terms of the adverse development cover (“ADC”) agreement, Enstar’s subsidiary has provid AXIS to retrocede $2.3bn in reinsurance segment reserves to Enstar AXIS anticipates an approximate $60m benefit from the excess of reserves ceded over the consideration. AXIS Advances Transition to Specialty Underwriter, Announces Loss Portfolio Transfer Reinsurance Agreement With Enstar on Reinsurance Segment Reserves PEMBROKE, Bermuda, Dec. 16, 2024 (GLOBE NEWSWIRE) -- AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or “the Company”) (NYSE: AXS) and Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that they have entered into a loss portfolio transfer (“LPT”) reinsurance agreement covering a portfolio of reinsurance segment business. The closing of the transaction is subject to regulatory approvals and other customary conditions, and is expected to occur during the first half of 2025. Un Enstar Group: Q3 Earnings Snapshot HAMILTON, Bermuda (AP) — Enstar Group Ltd. (ESGR) on Tuesday reported earnings of $148 million in its third quarter. On a per-share basis, the Hamilton, Bermuda-based company said it had net income of $9.84. Earnings, adjusted for non-recurring gains, were $8.51 per share. Enstar subsidiary signs ADC agreement with James River This agreement is set to provide $75m of limit in excess of the existing $160m adverse development cover (ADC) reinsurance coverage provided earlier this year to James River. Enstar Agrees ADC Agreement with James River HAMILTON, Bermuda, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) announced today that one of its wholly-owned subsidiaries has entered into an adverse development cover (“ADC”) reinsurance agreement with certain subsidiaries of James River Group Holdings, Ltd. (“James River”). Under the terms of the agreement, Enstar’s subsidiary will provide $75 million of limit in excess of the existing $160 million ADC reinsurance coverage provided to such subsidiaries of Ja Enstar shareholders approve acquisition by Sixth Street The deal, which is due to be finalised by mid-2025, is subject to regulatory approvals and customary closing conditions. Enstar Shareholders Overwhelmingly Approve Sixth Street Acquisition HAMILTON, Bermuda, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that it received the necessary shareholder approval for its proposed acquisition by Sixth Street, with Liberty Strategic Capital, J.C. Flowers & Co. LLC, and other institutional investors participating in the transaction. The transaction is expected to close in mid-2025, subject to regulatory approvals, and other customary closing conditions. Enstar will report the final, certified Enstar Group Limited Announces Quarterly Preference Share Dividends HAMILTON, Bermuda, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that it will pay cash dividends on its Series D and Series E preference shares. Dividends on Enstar’s Series D 7.00% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares of $0.43750 per depositary share (each of which represents a 1/1,000th interest in a Series D Preference Share) will be payable on December 1, 2024 to shareholders of record on November 15, 2024. Divid Enstar Acquires Bermuda Reinsurer in its Second Property ILS Transaction HAMILTON, Bermuda, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (Nasdaq: ESGR) today announced that its wholly-owned subsidiary, Cavello Bay Reinsurance Limited (“Cavello Bay”), has acquired a Bermuda-domiciled Class 3B insurer and segregated accounts company (the “Reinsurer”). The Reinsurer underwrote property reinsurance business between 2020 and 2023 on behalf of third-party investors, assuming the risk through retrocession agreements with a fronting carrier. The Reinsurer had $66 m Enstar Completes Loss Portfolio Transfer With QBE 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 Enstar Announces Changes to Executive Leadership Team • Appoints Paul Brockman as Chief Commercial Officer • Names Adrian Thornycroft as Chief Administrative Officer from May 2025 HAMILTON, Bermuda, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR), today announces changes to its executive leadership team in connection with the upcoming retirement of Orla Gregory, President, at the end the year, and the expanding role of Enstar in the insurance industry. Paul Brockman has been appointed as Chief Commercial Officer wit Starwind and Stone Point Credit partner to debut Fractal Re The launch, which includes a $270m equity capital raise, aims to bolster reinsurance capacity for Starwind's diverse casualty programme portfolio. Enstar Completes Loss Portfolio Transfer With SiriusPoint HAMILTON, Bermuda, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly-owned subsidiaries has closed a previously announced loss portfolio transfer transaction with a subsidiary of SiriusPoint Ltd. (“SiriusPoint”) to reinsure a $400 million portfolio of Workers’ Compensation business covering underwriting years 2018 to 2023. Under the reinsurance agreement, SiriusPoint will cede net reserves of approximately $400 million, and Enstar’s subs Enstar’s ‘go-shop’ period concludes with no alternative proposals During the 'go-shop' period, Enstar actively sought alternative acquisition proposals from 34 potential interested parties. Enstar Announces Expiration of “Go-Shop” Period HAMILTON, Bermuda, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced the expiration of the 35-day “go-shop” period as provided in the previously announced definitive merger agreement, pursuant to which Sixth Street, a leading global investment firm, will acquire Enstar for $5.1 billion. The go-shop period expired at 11:59 p.m. ET on September 2, 2024. During the “go-shop” period, Enstar, with the assistance of its financial advisor Goldman Sachs & Performance Overview Trailing total returns as of 1/24/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return ESGR S&P 500 YTD +1.45% +3.29% 1-Year +17.63% +25.42% 3-Year +28.43% +38.73%