ENSTAR GROUP LTD. overview

HAMILTON, Bermuda, Jan. 11, 2017 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ:ESGR) announced today that one of its wholly owned subsidiaries completed a previously announced transaction to reinsure multi-line property and casualty business of QBE Insurance Group Limited. The closing followed receipt of regulatory approval and satisfaction of closing conditions. As previously disclosed, the portfolio primarily includes workers’ compensation, construction defect, and general liability...

HAMILTON, Bermuda, Dec. 30, 2016 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ:ESGR) announced today that Enstar Holdings (US) Inc. has acquired Dana Companies, LLC (“Dana Companies”) from Dana Incorporated (“Dana”) for a total purchase price of $91.5 million. Dana is a world leader in the supply of highly engineered drivetrain, sealing, and thermal-management technologies for vehicles. Dana Companies holds liabilities associated with personal injury asbestos claims and environmental...

KaylaRe Brings Together Leading Insurance Management and Investment Management Capabilities Significant Investments From Enstar, Hillhouse and Stone Point Nick Packer Appointed as KaylaRe’s Chief Executive Officer Enstar and StarStone Announce Management Changes HAMILTON, Bermuda, Dec. 15, 2016 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ:ESGR) (“Enstar”) announced today the launch of KaylaRe Ltd. (“KaylaRe”), a Bermuda-based, Class 4 reinsurer offering a diversified range of...

HAMILTON, Bermuda, Dec. 06, 2016 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ:ESGR) announced today that one of its wholly owned subsidiaries has entered into a conditional agreement with a subsidiary of QBE Insurance Group Limited to reinsure U.S. multi-line property and casualty business. Completion of the transaction is subject to receipt of regulatory approvals. Enstar’s subsidiary will assume gross reinsurance reserves of approximately $919 million (net reserves of $444 million)...

HAMILTON, Bermuda, Nov. 08, 2016 (GLOBE NEWSWIRE) -- Enstar Group Limited (Nasdaq:ESGR) filed its quarterly report on Form 10-Q with the SEC today, reporting its earnings and financial position for the three and nine months ended September 30, 2016. Enstar reported consolidated net earnings of $156.0 million (or $8.02 per fully diluted share) for the three months ended September 30, 2016 and $242.2 million (or $12.46 per fully diluted share) for the nine months ended September 30, 2016, compared...