Enstar Group Ltd. (Enstar) is a multi-faceted insurance group, which focuses on acquiring and managing insurance and reinsurance companies in run-off. It also focuses on providing management, consultancy and other services to the insurance and reinsurance industry. Its service offerings include claims inspection, reinsurance collection, run-off management and capital release solutions. The group also offers specialty underwriting solutions and portfolio transfer services. The group has its presence in the UK, the US, Bermuda, Australia, Liechtenstein, and Belgium. Enstar is headquartered in Hamilton, Bermuda.
Headquarters
Bermuda
Address
Windsor Place, 22 Queen Street, Hamilton, HMJX
Website
www.enstargroup.com
Telephone
1 441 2923645
No of Employees
832
Industry
Financial Services
Ticker Symbol & Exchange
ESGR (NASD)
Revenue (2022)
$538.0M
-55.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-73%
(2022 vs 2021)
Market Cap*
$3.9B
Net Profit Margin (2022)
XYZ
-40.0%
(2022 vs 2021)
* As of and is in US$
Enstar Group Ltd. premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Casualty Insurance | Management Services |
| Marine Insurance | Claims Inspection Services |
| Property Insurance | Reinsurance Collection Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In February, the company signed a loss portfolio transfer agreement with RACQ Insurance to reinsure 80% of RACQ’s motor vehicle Compulsory Third Party insurance liabilities. |
| 2023 | Contracts/Agreements | In February, the company announced that its wholly-owned subsidiaries reached an agreement for a ground-up Loss Portfolio Transfer with certain subsidiaries of QBE Insurance Group Limited. |
| 2022 | Others | In November, the company closed its Loss Portfolio Transfer transaction with Argo Group International Holdings, Ltd. to reinsure a number of its direct U.S. casualty insurance portfolios. |
Competitor Comparison
| Key Parameters | Enstar Group Ltd. | American International Group Inc (AIG) | Arch Capital Group Ltd | AXIS Capital Holdings Ltd | White Mountains Insurance Group Ltd |
|---|---|---|---|---|---|
| Headquarters | Bermuda | United States of America | Bermuda | Bermuda | United States of America |
| City | Hamilton | New York | Pembroke | Pembroke | Hanover |
| State/Province | - | New York | - | - | New Hampshire |
| No. of Employees | 832 | 36,600 | 5,200 | 2,082 | 1,648 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Robert J. Campbell | Chairman | Executive Board | 2011 | 73 |
| Dominic F. Silvester | Chief Executive Officer; Director | Executive Board | 2001 | 61 |
| Orla Gregory | Director; Chief Financial Officer - Acting | Executive Board | 2022 | 47 |
| David Ni | Chief Strategy Officer | Senior Management | 2022 | - |
| Nazar Alobaidat | Chief Investment Officer | Senior Management | 2016 | 44 |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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