Enstar Group Ltd
ESGR
ISIN BMG3075P1014 / Valor 2910985
Enstar Group Ltd
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About company
Enstar Group Ltd, founded in Bermuda in 1993, is a leading global insurance group specializing in run-off consolidations and live risk investments in specialty insurance companies worldwide, including Lloyd's. With over 30 years of experience in the run-off space, Enstar leverages its expertise to provide innovative insurance solutions tailored to meet the unique risk profiles of its partners. Through a network of group companies, Enstar delivers ideal legacy solutions by thoroughly understanding risks and liabilities, ultimately benefiting partners seeking optimal capital deployment strategies.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (18.11.2025):
Enstar Group Ltd reported its financial results for the second quarter of 2024, highlighting significant transactions and improved profitability amid strategic activities. The report details a net income attributable to Enstar ordinary shareholders of $126 million, a marked increase in return on equity to 2.5%, key reinsurance and ILS-related transactions, and an upcoming acquisition by a consortium led by Sixth Street for $5.1 billion, all of which contributed to enhanced investment performance and a year-to-date book value growth of 4.5%.
Acquisition Announcement
Enstar Group Ltd confirmed that it will be acquired by a consortium led by Sixth Street for $5.1 billion, signaling a major strategic move for the company in Q2 2024.
Profitability and ROE Improvement
The company reported net income of $126 million for Q2 2024, with a significant quarterly increase in ROE from 0.5% in Q2 2023 to 2.5% this quarter, driven by strong investment gains and favorable prior period loss development.
Key Transactions and Reinsurance Initiatives
During the quarter, Enstar executed several key transactions: a $400 million loss portfolio transfer with SiriusPoint, a $350 million agreement to reinsure ILS business, a $200 million adverse development cover with Insurance Australia Group, and a $297 million legacy business reinsurance deal with Accredited.
Investment Performance Highlights
The report also noted robust investment performance with an annualized total investment return of 5.2% and an adjusted return of 5.6%, reflecting a favorable environment despite varying interest rate impacts compared with Q2 2023.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
5038 M
Market cap (USD)
Daily traded volume (Shares)
322.48 / 321.56
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Ratings & reviews
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