Enstar Group Ltd. yesterday announced that its wholly-owned subsidiary, Marlon Insurance Company Ltd., completed the previously announced acquisition of Copenhagen Reinsurance Company Ltd. from Alm. Brand Forsikring A/S for a purchase price of DKK149.2 million (approximately $30 million).

The purchase was financed from available cash on hand. Enstar, a Bermuda company, acquires and manages insurance and reinsurance companies in run-off and provides management, consultancy and other services.