ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

ESGR Enstar Group Ltd

298.73
-0.78 (-0.26%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Enstar Group Ltd NASDAQ:ESGR NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.78 -0.26% 298.73 280.00 304.94 300.995 292.64 298.46 39,484 22:30:00

Enstar Completes the Reinsurance of $690 Million of Continental Casualty Company’s Legacy Excess Workers’ Compensation Bu...

05/02/2021 10:15pm

GlobeNewswire Inc.


Enstar (NASDAQ:ESGR)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Enstar Charts.

Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly owned subsidiaries has completed a transaction with Continental Casualty Company (“CNA”) to reinsure a legacy portfolio of excess workers’ compensation business.

In the transaction, CNA ceded net insurance reserves to an Enstar subsidiary of approximately $690 million not inclusive of any roll forward adjustments, relating to 2007 and prior year business.

Completion of the transaction followed receipt of regulatory approvals and satisfaction of various other closing conditions.

About EnstarEnstar is a NASDAQ-listed leading global insurance group that offers innovative capital release solutions through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia, and other international locations. A market leader in completing legacy acquisitions, Enstar has acquired over 100 companies and portfolios since its formation in 2001. For further information about Enstar, see www.enstargroup.com.

Contact:Enstar Communications
Telephone:+1 (441) 292-3645

1 Year Enstar Chart

1 Year Enstar Chart

1 Month Enstar Chart

1 Month Enstar Chart

Your Recent History

Delayed Upgrade Clock