Enstar Group

Enstar Group Ltd. is a holding company, which engages in the acquisition and management of insurance and reinsurance companies. It operates through the following segments: Run-off, Enhanced RE, Investments, and Legacy Underwriting. The Run-off segment is consisted of acquired property and other insurance business. The Enhanced Re is comprised of life and catastrophe business via acquisition of the controlling interest in Enhanzed Reinsurance Ltd.. The Investments segment encompasses investment activities and the performance of the investment portfolio of the company. The Legacy Underwriting segment is made up of businesses that the company has exited via the sale of the majority interest. The company was founded by Paul James O'Shea, Nicholas Andrew Packer, and Dominic Francis Michael Silvester in August 2001 and is headquartered in Hamilton, Bermuda.

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Enstar Group reports strong Q4 results and strategic acquisitions

Enstar Group delivered strong Q4 results and highlighted their claims management function and strategic acquisitions.
Despite challenges like net losses and reserve strengthening, Enstar remains confident in their market position and growth prospects.
The company's focus on transparency, data-driven decisions, and disciplined risk selection sets the stage for future success in the legacy market.

Enstar Group reports robust Q1 earnings and strategic growth initiatives

Enstar Group's Q1 2023 earnings call highlighted a remarkable financial turnaround, strong investment performance, and strategic transactions. The company's focus on long-term value creation, solid capital position, and proactive management approach position it well for future growth. Despite macro challenges, Enstar remains resilient and committed to delivering shareholder value.

Enstar Group excels in Q2 2023, secures credit rating upgrade

Enstar Group demonstrated robust financial performance in Q2 2023, marked by strong net investment income and positive investment results.
Despite facing challenges such as losses on the fixed income portfolio, the company's proactive risk management and strategic transactions highlight its resilience.
With an upgraded credit rating, Enstar is well-positioned to capitalize on growth opportunities and drive further value for shareholders.

Enstar Group reports solid Q3 earnings and strategic growth moves

Enstar Group's Q3 performance reflects solid net earnings and a focus on enhancing shareholder value through strategic initiatives.
Despite challenges from new accounting standards and low return on equity, the company's strong capital position and commitment to disciplined strategies bode well for the future.
Opportunities lie in strategic partnerships, capital release solutions, and proactive adaptation to regulatory changes for sustained growth and profitability.

Enstar Group reports robust earnings, eyes growth amid market challenges

Enstar Group's Q4 2023 earnings call highlighted strong financial performance, balance sheet strength, and successful transactions with key partners.
The company's focus on sustainable growth, robust risk management, and capital position positions it well for future opportunities.
While challenges like unrealized losses exist, Enstar's strategic initiatives and market confidence bode well for continued success.

Enstar Group reports solid Q1 earnings, eyes growth opportunities

Enstar Group's Q1 2024 performance reflects steady financial growth, with a focus on enhancing shareholder value through strategic investments and risk management.
Despite challenges in certain liability lines, the company's strong capital reserves and industry recognition position it well for future opportunities and sustained profitability.
Enstar's commitment to financial stability, operational excellence, and growth presents avenues for further expansion and value creation in the competitive reinsurance market.
By leveraging its strengths in underwriting expertise and investment management, Enstar can navigate challenges, capitalize on opportunities, and drive sustainable growth in the long term.

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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.

Enstar Completes Previously Announced Transactions with James River

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.

AXIS Advances Transition to Specialty Underwriter, Announces Loss Portfolio Transfer Reinsurance Agreement With Enstar on Reinsurance Segment Reserves

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”).

Enstar Agrees ADC Agreement with James River

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 Shareholders Overwhelmingly Approve Sixth Street Acquisition

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.

Enstar Group Limited Announces Quarterly Preference Share Dividends

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”).

Enstar Acquires Bermuda Reinsurer in its Second Property ILS Transaction

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.

Enstar Completes Loss Portfolio Transfer With QBE

• 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 with immediate effect.

Enstar Announces Changes to Executive Leadership Team

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Enstar Group Limited (NasdaqGS: ESGR) to Sixth Street. Under the terms of the proposed transaction, shareholders of Enstar will receive $338.00 in cash for each share of Enstar that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the cons.

ENSTAR GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Enstar Group Limited - ESGR

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NEW YORK , Oct. 9, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating: PowerUp Acquisition Corp. (Nasdaq: PWUP), relating to its proposed merger with Aspire Biopharma, Inc. Aspire BioPharma shareholders are expected to own a majority of the combined company following completion of the transaction.

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Mergers of PWUP and ESGR

NEW YORK, NY / ACCESSWIRE / October 7, 2024 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating: PowerUp Acquisition Corp. (Nasdaq: PWUP ), relating to its proposed merger with Aspire Biopharma, Inc. Aspire BioPharma shareholders are expected to own a majority of the combined company following completion of the transaction.

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Mergers of PWUP, ESGR

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.

Enstar Completes Loss Portfolio Transfer With SiriusPoint

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NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Enstar Group Limited (NASDAQ: ESGR) to Sixth Street for $338.00 in cash per ordinary share of Enstar is fair to Enstar shareholders. Halper Sadeh encourages Enstar shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whethe.

ESGR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Enstar Group Limited Is Fair to Shareholders

NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Enstar Group LTD ( Nasdaq : ESGR ) , relating to its proposed merger with Sixth Street. Under the terms of the agreement, Enstar shareholders will receive $338.00 in cash per share of common stock they own.

STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Enstar Group LTD – ESGR

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.

Enstar Announces Expiration of “Go-Shop” Period

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Enstar Group Limited - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int

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The Delisting Dilemma: Navigating The Paradox Of Preferred Securities

HAMILTON, Bermuda, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that it has completed the previously announced transaction between one of its wholly owned subsidiaries with Insurance Australia Limited, on behalf of Insurance Australia Group (“IAG”), following receipt of the relevant regulatory approvals and satisfaction of the final closing conditions.

Enstar Completes Previously Announced Transaction with IAG

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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates RCM, ESGR on Behalf of Shareholders

HAMILTON, Bermuda, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly owned subsidiaries has reached an agreement to provide a ground-up Loss Portfolio Transfer (“LPT”) with certain subsidiaries of QBE Insurance Group Limited (“QBE”). The transaction involves a diversified portfolio of US commercial liability and workers' compensation business, largely underwritten on recently discontinued programs. Enstar is familiar with the majority of the business and has existing exposure to the programs through a previous transaction with QBE in 2023.

Enstar to Enter $376 Million Loss Portfolio Transfer with QBE

NEW YORK , July 30, 2024 /PRNewswire/ --  Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Enstar Group LTD (Nasdaq: ESGR ), relating to its proposed merger with Sixth Street.

STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Enstar Group LTD - ESGR

MILWAUKEE , July 29, 2024 /PRNewswire/ -- Ademi LLP is investigating Enstar (Nasdaq: ESGR) for possible breaches of fiduciary duty and other violations of law in its transaction with Sixth Street. Click here to learn how to join our investigation https://www.ademilaw.com/case/enstar-group-limited or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Enstar Group Limited has obtained a Fair Price for its Public Shareholders

LONDON--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Credit Ratings (ratings) of StarStone Insurance Bermuda Limited (SIBL) (Bermuda) and its subsidiary, StarStone Insurance SE (SISE) (Lichtenstein), are unchanged following the 29 July 2024 announcement that their parent company, Enstar Group Limited (Enstar) [NASDAQ: ESGR], has entered into a definitive merger agreement under which Sixth Street will acquire Enstar, with Liberty Strategic Capital, J.C. Flowers & Co. LLC, and other instit.

AM Best Comments on Credit Ratings of StarStone Insurance Bermuda Limited and Its Subsidiary Following Announced Acquisition of Ultimate Parent

Insurance company Enstar Group (ESGR) is going private. Investors don't like the deal.

This Insurance Company Agreed to Be Taken Private. Investors Don't Like the Deal

MONSEY, N.Y., July 29, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Enstar Group Limited (Nasdaq: ESGR) (“Enstar”) to Sixth Street and other institutional investors for $338.00 per share in cash.

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