HAMILTON, Bermuda, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly-owned subsidiaries has signed an agreement with American International Group, Inc. (“AIG”) to provide AIG with protection against adverse development on the portion of Validus Re’s loss reserves that AIG retains exposure to following the closing of AIG’s sale of Validus Re to RenaissanceRe. Per the agreement, Enstar will provide $400 million of adverse development cove
HAMILTON, Bermuda, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that it will pay cash dividends on its Series D and Series E preference shares. Dividends on Enstar’s Series D 7.00% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares of $0.43750 per depositary share (each of which represents a 1/1,000th interest in a Series D Preference Share) will be payable on September 1, 2023 to shareholders of record on August 15, 2023. Divide
Net Earnings of $21 million and Return on Equity of 0.5%, primarily driven by investment resultsBook Value per Ordinary Share grew 8.6% to $284.76 (Adjusted* $279.37) as of June 30, 2023Completed Loss Portfolio Transfers with QBE and RACQReceived upgrade from S&P on long-term issuer credit ratingExtended term to May 2028 and upsized revolving credit agreement by $200 million to $800 million at lower cost of capital HAMILTON, Bermuda, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Enstar Group Limited (Nasdaq