ESGR News and Press, Enstar Group Limited From 08/19/22

HAMILTON, Bermuda, Aug. 19, 2022 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) (“Enstar”) has announced updates relating to its joint venture with Allianz SE (“Allianz”), Enhanzed Reinsurance Ltd. (“Enhanzed Re”), and its recent investment...

Enstar press release ( NASDAQ: ESGR ): Q2 Non-GAAP EPS of -$28.62. Book Value per Ordinary Share and Adjusted Book Value per Ordinary Share* of $245.93 and $241.05, respectively, as of June 30, 2022 Returned $163 million to shareholders through share repurchases at a w...

HAMILTON, Bermuda, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly-owned subsidiaries has signed an agreement for a Loss Portfolio Transfer (“LPT”) with specialty insurance underwriter Argo Group International Holdin...

We present two preferred stocks that we believe are bargains relative to other preferred stocks with the same credit ratings. The first is very high quality, has a higher yield than other similar quality preferred stocks, and has huge upside price potential. The second is the most...

HAMILTON, Bermuda, July 06, 2022 (GLOBE NEWSWIRE) -- Paul O’Shea, President of Enstar Group Limited (“Enstar”) (NASDAQ: ESGR), will retire in March 2023 after 28 years serving the company and its predecessor Castlewood Limited. Mr. O’Shea will remain as a m...

Run-off books pose a significant profitability challenge for insurance companies. Three main strategies for addressing it are internal optimisation, outsourcing of certain activities, and selling the closed book to a specialised consolidator. Insurance companies are currently deal...

HAMILTON, Bermuda, May 20, 2022 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly owned subsidiaries has closed a previously announced agreement for a ground-up loss portfolio transfer with Aspen Insurance Holdings Limited and its subsidiaries fo...

Enstar press release (NASDAQ:ESGR): Q1 GAAP EPS of -$16.04. Book Value per Ordinary Share and Adjusted Book Value per Ordinary Share of $286.51 and $282.10, respectively, as of March 31, 2022, a decline of 9.4% and 9.2%, respectively, from December 31, 2021 Returned $42 million to shareholder...

Net Earnings of $437 million for the Year Ended December 31, 2021 Return on Equity of 7.1% for the Year Ended December 31, 2021 Book Value Per Ordinary Share and Adjusted Book Value Per Ordinary Share* of $316.34 and $310.80, respectively, as of December 31, 2021, an inc...

HAMILTON, Bermuda, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that its subsidiary, Enstar Finance LLC, priced $500 million aggregate principal amount of 5.500% Fixed-Rate Reset Junior Subordinated Notes due 2042 (the ȁ...