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Enstar Group Ltd’s full-year earnings climbed to $220.3 million last year as it continued to acquire businesses in run-off. The company, whose headquarters are in Queen Street, Hamilton, reported that revenue grew to $1.03 billion on a large increase...

Enstar Group Ltd is forming a new Bermuda-based reinsurance company to assume some of its risks. Aligned Re Ltd is expected to be funded by third-party capital along with investments from the Enstar, which recently contributed $100 million, according...

Bermuda-based Enstar Group Ltd recorded an 85 per cent increase in third-quarter profit. The company posted net earnings of $49 million, or $2.53 per share, compared to $26.4 million, or $1.37 per share, in the corresponding quarter in 2014. For the ...

Global speciality insurer Torus is to change its name to StarStone. The holding company for the firm and its six insurance platforms spread across London, Europe and the US, as well as other group companies will also adopt the new brand and logo. The...

Enstar Group Ltd’s net income plunged by more than two thirds on investment losses. The Bermuda-based insurer, which specialises in buying companies or units that have stopped writing new business and managing their assets and ongoing obligations, ma...

NEW YORK (Bloomberg) — Canada Pension Plan Investment Board, the nation’s largest pension fund manager, agreed to buy a 9.9 percent stake in Bermuda-based Enstar Group Ltd, extending its bet on reinsurance. The pension plan is buying about 1.9 millio...

Enstar Group Ltd reported a sharp increase in first-quarter profits as it announced the departure of its chief financial officer. The Bermuda insurer, which specialises in acquiring and managing businesses in run-off, reported net earnings of $44.8 m...

Profits at Enstar Group rose by more than $5 million in 2014, the firm has revealed. Enstar — which specialises in acquiring and managing insurers in run-off — reported net earnings of $213.7 million for 2014, compared to $208.6 million the year befo...

Bermuda-based Enstar Group Ltd has completed the acquisition of Companion Property and Casualty Insurance Company from Blue Cross and Blue Shield of South Carolina. Enstar, a specialist in acquiring and managing insurers that have stopped writing ne...

A Bermuda insurance firm has splashed out nearly $220 million to buy a South Carolina-based company. The deal will see Enstar Group take over Companion Property and Casualty Insurance, based in Columbia. Enstar CEO Dominic Silvester said: “We are pl...

Bermuda-based insurance company Enstar Group Ltd last night announced earnings that trounced analysts’ estimates and reported that its shareholders’ equity passed the $2 billion mark. The company, which specialises in run-off acquisitions, said net e...

Bermuda insurer Enstar Group plans to merge two of its Lloyd’s managing agencies next year, sources told a British trade publication. Enstar, which specialises in acquiring and managing insurers and books of business that have gone into run-off (that...