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Bermuda-based run-off specialist Enstar Group Ltd reported that profit almost quadrupled in the third quarter compared to the same period last year. In addition the company said it appointed the former Endurance Specialty Holdings Ltd chairman and ch...

Bermuda-based Enstar Group yesterday announced a $181 million agreement to buy North American life insurance operations of HSBC. It is the second acquisition agreement announced by the company in the space of nine days after last week’s deal to purch...

Bermuda-based Enstar Group Ltd has agreed a deal to acquire US insurer SeaBright Holdings, Inc for around $252 million. Enstar will pay $11.11 per share in cash. The purchase price represents a 34.3 percent premium over SeaBright’s closing stock pric...

The shares of Bermuda-based run-off specialist Enstar Group Ltd soared more than six percent in New York Stock Exchange trading on Friday after the company announced that second-quarter earnings more than quadrupled. Net earnings were $40.7 million, ...

Bermuda-based Enstar Group Ld saw its total assets grow by more than $1 billion in 2011, the company revealed in regulatory filings. The company, which acquires and manages insurance and reinsurance companies in run-off, added that net income fell to...

Private-equity funds run by US banking giant Goldman Sachs have agreed to pay more than $290 million for a near 20 percent stake in Bermuda-based Enstar Group Ltd. The affiliated funds of GS Capital Partners (GSCP) will invest up to $291.6 million fo...