Enstar Archives - InsuranceAsia News https://insuranceasianews.com/companies_category/enstar/ Fri, 30 Aug 2024 03:41:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 Enstar finalises US$442m cover transaction with IAG https://insuranceasianews.com/enstar-finalises-us442m-cover-transaction-with-iag/ Fri, 30 Aug 2024 03:41:40 +0000 https://insuranceasianews.com/?p=161690 The transaction includes product & public liability, compulsory third-party motor, professional risks and workers’ compensation for losses incurred on or prior to June 30, 2023.

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Enstar has completed the previously announced adverse development cover (ADC) agreement between its wholly owned subsidiary, Cavello Bay Reinsurance Limited,  and Insurance Australia Limited, on behal...

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QBE strikes US$1.6bn loss portfolio transfer deal with Enstar, RiverStone https://insuranceasianews.com/qbe-strikes-us1-6bn-loss-portfolio-transfer-deal-with-enstar-riverstone/ Fri, 09 Aug 2024 03:25:43 +0000 https://insuranceasianews.com/?p=160099 Enstar’s subsidiary will assume US$376m out of total net loss reserves for US commercial liability and workers' compensation risks, effective July 1, and will provide approximately US$175m of cover in excess of the ceded reserves.

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QBE has entered a US$1.6 billion loss portfolio transfer transaction with legacy specialists Enstar Group and RiverStone International to de-risk the group’s reserves, the insurer said in its half-yea...

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