ESGR News and Press, Enstar Group Limited From 01/15/21

ProSight Global (PROS) dropped 8.1% after agreeing to takeover from TowerBrook and Further Global at $12.85/share, after closing at $14.19 yesterday.ProSight holders are getting a 42% premium to the closing share price as on Sept. 23, the last trading day prior to media reports abou...

Enstar's (ESGR) wholly owned subsidiaries entered into an agreement with ProSight Global subsidiaries for providing reinsurance relating to 2019 and prior year business.In the transaction, ProSight will cede net loss reserves of ~$500M and Enstar's subsidiary will provide additional aggregate...

HAMILTON, Bermuda, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly owned subsidiaries has entered into an agreement with subsidiaries of ProSight Global, Inc. (“ProSight”) to provide reinsurance relating to 2019...

Enstar Group (ESGR) signs an agreement with CNA's (CNA) Continental Casualty Company to reinsure a legacy portfolio of excess workers' compensation business.Enstar's subsidiary will assume net insurance reserves of ~$690M, relating to 2007 and prior year business under a retroactive reinsuran...

HAMILTON, Bermuda, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly owned subsidiaries has signed an agreement with Continental Casualty Company (“CNA”) to reinsure a legacy portfolio of excess workers’ compens...

HAMILTON, Bermuda, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly-owned subsidiaries has signed an agreement with Liberty Mutual Insurance Europe SE (LMIE) to reinsure a number of US energy liability, US construction liability an...

Core Specialty Announces Completion of StarStone U.S. Recapitalization - Rebranded Core Specialty positioned to be a market leader in the specialty property & casualty insurance markets - Jeff Consolino named CEO and Ed Noonan Executive Chairman; highly respected industr...

HAMILTON, Bermuda, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) (“Enstar”) today announced that it has completed the sale and recapitalization of StarStone U.S. Holdings, Inc. (“StarStone U.S.”) through the sale of StarStone U.S to Core S...

HAMILTON, Bermuda, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) (“Enstar”) and Stone Point Capital LLC (“Stone Point”) today announced they have signed definitive agreements to sell StarStone Underwriting Limited (“SUL”), th...

PEMBROKE, Bermuda, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Watford Holdings Ltd. (NASDAQ: WTRE) (“Watford” or the “Company”) today announced its Board of Directors has determined, in its good faith judgment (after consultation with the Company’s financial adviso...