Enstar Group Limited (ESGRO)
- GlobeNewswire
Enstar Agrees $400 Million Loss Portfolio Transfer With SiriusPoint
HAMILTON, Bermuda, April 30, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) has announced today that one of its wholly-owned subsidiaries has reached an agreement for a loss portfolio transfer 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, which will be entered into at closing, SiriusPoint will cede net reserves of approximately $4
- Insider Monkey
13 Best Extremely Profitable Stocks to Invest in
In this piece, we will take a look at the 13 best extremely profitable stocks to invest in. If you want to skip our overview of the current stock market news and what profitability entails, then you can skip ahead to 5 Best Extremely Profitable Stocks to Invest in. When it comes to analyzing a […]
- GlobeNewswire
Enstar Subsidiary Assigned ‘A’ Financial Strength Rating by S&P Global
HAMILTON, Bermuda, March 25, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that the ratings agency S&P Global Ratings (“S&P”) has assigned an Insurer Financial Strength Rating of ‘A’ with stable outlook to its Bermuda-based, wholly owned subsidiary, Cavello Bay Reinsurance Limited (“Cavello Bay”). Cavello Bay is Enstar’s primary non-life run-off consolidator, and a Class 3B reinsurer. On issuing its rating, S&P highlighted Enstar’s competitive position as a “leader
