The core of Enstar’s ongoing business is the acquisition and management of legacy insurance risk. We assume ceased portfolios and entire companies, allowing our clients to release operating capital, management time, and other resources for better use in their ongoing activities. Our primary focus is property/casualty companies and portfolios in run-off.
Alongside outright acquisition, portfolio transfer is an important way that Enstar releases clients’ capital. The mechanism definitively assigns risks and liabilities from one re/insurer to another, to deliver economic and legal finality to our client. Enstar has completed numerous sizeable portfolio transfers globally, without disruption to our clients’ ongoing businesses. We have also structured innovative reinsurance solutions that achieve many of the same goals. We always strive to find the best solution to help our customers put legacy business behind them, and concentrate on the future.
We realise value through consistent innovation, a proactive approach to claims, and investment strategies focussed on asset preservation. As our scale and reach multiply, Enstar can build on past successes. We believe that many attractive opportunities remain, as regulatory requirements for re/insurers become more onerous, and risk carriers around the world search for ways to maximise the benefits of their capital deployment strategies. By forging new relationships and collaborative partnerships – whether through portfolio transfers or the acquisition of legacy companies – Enstar will continue to grow.
Assets
September 30, 2024
Liabilities
September 30, 2024
Shareholders' equity
September 30, 2024
Total acquisitive transactions since formation