| Enstar Group Limited Announces Quarterly Preference Share Dividends |
HAMILTON, Bermuda, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that it will pay cash dividends on its Series D and Series E preference shares. |
globenewswire.com |
2025-02-05 18:15:00 |
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| Enstar Legacy Syndicate 2008 Agrees $196m LPT Deal with Atrium Syndicate 609 |
HAMILTON, Bermuda, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) announced today its Lloyd's syndicate (“Syndicate 2008”), managed by Enstar Managing Agency Limited, has agreed a ground-up loss portfolio transfer (“LPT”) with Atrium Syndicate 609, managed by Atrium Underwriters Limited. The transaction involves Syndicate 609's discontinued portfolios, comprising Marine Treaty Reinsurance, Property Treaty Reinsurance and US Contractors General Liability. |
globenewswire.com |
2025-01-14 10:00:00 |
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| Enstar Completes Previously Announced Transactions with James River |
HAMILTON, Bermuda, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (NASDAQ: ESGR) announced today that it has completed the previously announced transaction between one of its wholly owned subsidiaries and certain subsidiaries of James River Group Holdings, Ltd. (“James River”), following receipt of the relevant regulatory approval and satisfaction of the other closing conditions. |
globenewswire.com |
2024-12-23 18:00:00 |
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| AXIS Advances Transition to Specialty Underwriter, Announces Loss Portfolio Transfer Reinsurance Agreement With Enstar on Reinsurance Segment Reserves |
PEMBROKE, Bermuda, Dec. 16, 2024 (GLOBE NEWSWIRE) -- AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or “the Company”) (NYSE: AXS) and Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that they have entered into a loss portfolio transfer (“LPT”) reinsurance agreement covering a portfolio of reinsurance segment business. The closing of the transaction is subject to regulatory approvals and other customary conditions, and is expected to occur during the first half of 2025. |
globenewswire.com |
2024-12-16 18:10:00 |
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| AXIS Advances Transition to Specialty Underwriter, Announces Loss Portfolio Transfer Reinsurance Agreement With Enstar on Reinsurance Segment Reserves |
PEMBROKE, Bermuda--(BUSINESS WIRE)---- $AXS #insurance--AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or “the Company”) (NYSE: AXS) and Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that they have entered into a loss portfolio transfer (“LPT”) reinsurance agreement covering a portfolio of reinsurance segment business. The closing of the transaction is subject to regulatory approvals and other customary conditions, and is expected to occur during the first half of 2025. Under the LPT rein. |
businesswire.com |
2024-12-16 18:05:00 |
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| Enstar Agrees ADC Agreement with James River |
HAMILTON, Bermuda, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) announced today that one of its wholly-owned subsidiaries has entered into an adverse development cover (“ADC”) reinsurance agreement with certain subsidiaries of James River Group Holdings, Ltd. (“James River”). |
globenewswire.com |
2024-11-11 19:12:00 |
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| Enstar Shareholders Overwhelmingly Approve Sixth Street Acquisition |
HAMILTON, Bermuda, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that it received the necessary shareholder approval for its proposed acquisition by Sixth Street, with Liberty Strategic Capital, J.C. Flowers & Co. LLC, and other institutional investors participating in the transaction. The transaction is expected to close in mid-2025, subject to regulatory approvals, and other customary closing conditions. |
globenewswire.com |
2024-11-06 18:34:00 |
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| Enstar Group Limited Announces Quarterly Preference Share Dividends |
HAMILTON, Bermuda, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that it will pay cash dividends on its Series D and Series E preference shares. |
globenewswire.com |
2024-11-05 18:30:00 |
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| Enstar Acquires Bermuda Reinsurer in its Second Property ILS Transaction |
HAMILTON, Bermuda, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (Nasdaq: ESGR) today announced that its wholly-owned subsidiary, Cavello Bay Reinsurance Limited (“Cavello Bay”), has acquired a Bermuda-domiciled Class 3B insurer and segregated accounts company (the “Reinsurer”). |
globenewswire.com |
2024-11-05 18:16:00 |
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| Enstar Completes Loss Portfolio Transfer With QBE |
HAMILTON, Bermuda, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly-owned subsidiaries has closed a previously announced ground-up loss portfolio transfer transaction with subsidiaries of QBE Insurance Group Limited (“QBE”) to reinsure a portfolio of US commercial liability and workers' compensation business, largely underwritten on recently discontinued programs. |
globenewswire.com |
2024-10-31 18:15:00 |
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| Enstar Announces Changes to Executive Leadership Team |
• Appoints Paul Brockman as Chief Commercial Officer • Names Adrian Thornycroft as Chief Administrative Officer from May 2025 HAMILTON, Bermuda, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR), today announces changes to its executive leadership team in connection with the upcoming retirement of Orla Gregory, President, at the end the year, and the expanding role of Enstar in the insurance industry. Paul Brockman has been appointed as Chief Commercial Officer with immediate effect. |
globenewswire.com |
2024-10-29 19:07:00 |
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| ENSTAR GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Enstar Group Limited - ESGR |
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Enstar Group Limited (NasdaqGS: ESGR) to Sixth Street. Under the terms of the proposed transaction, shareholders of Enstar will receive $338.00 in cash for each share of Enstar that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the cons. |
businesswire.com |
2024-10-22 22:13:00 |
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| SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Mergers of PWUP and ESGR |
NEW YORK , Oct. 9, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating: PowerUp Acquisition Corp. (Nasdaq: PWUP), relating to its proposed merger with Aspire Biopharma, Inc. Aspire BioPharma shareholders are expected to own a majority of the combined company following completion of the transaction. |
prnewswire.com |
2024-10-09 23:32:00 |
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| SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Mergers of PWUP, ESGR |
NEW YORK, NY / ACCESSWIRE / October 7, 2024 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating: PowerUp Acquisition Corp. (Nasdaq: PWUP ), relating to its proposed merger with Aspire Biopharma, Inc. Aspire BioPharma shareholders are expected to own a majority of the combined company following completion of the transaction. |
accesswire.com |
2024-10-07 17:45:00 |
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| Enstar Completes Loss Portfolio Transfer With SiriusPoint |
HAMILTON, Bermuda, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly-owned subsidiaries has closed a previously announced loss portfolio transfer transaction with a subsidiary of SiriusPoint Ltd. (“SiriusPoint”) to reinsure a $400 million portfolio of Workers' Compensation business covering underwriting years 2018 to 2023. |
globenewswire.com |
2024-10-01 12:00:00 |
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| ESGR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Enstar Group Limited Is Fair to Shareholders |
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Enstar Group Limited (NASDAQ: ESGR) to Sixth Street for $338.00 in cash per ordinary share of Enstar is fair to Enstar shareholders. Halper Sadeh encourages Enstar shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whethe. |
businesswire.com |
2024-09-07 18:09:00 |
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| STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Enstar Group LTD – ESGR |
NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Enstar Group LTD ( Nasdaq : ESGR ) , relating to its proposed merger with Sixth Street. Under the terms of the agreement, Enstar shareholders will receive $338.00 in cash per share of common stock they own. |
globenewswire.com |
2024-09-05 21:04:00 |
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| Enstar Announces Expiration of “Go-Shop” Period |
HAMILTON, Bermuda, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced the expiration of the 35-day “go-shop” period as provided in the previously announced definitive merger agreement, pursuant to which Sixth Street, a leading global investment firm, will acquire Enstar for $5.1 billion. The go-shop period expired at 11:59 p.m. ET on September 2, 2024. |
globenewswire.com |
2024-09-04 11:04:00 |
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| The Delisting Dilemma: Navigating The Paradox Of Preferred Securities |
Misconceptions about preferred securities and delisting are common, leading to unnecessary concerns among investors. Delisting does not give companies new ways to exploit investors. It primarily affects liquidity, not the security's fundamental promises. Through examples of notable delisting, we show that these securities continue to deliver on their income promises to shareholders. |
seekingalpha.com |
2024-08-30 12:30:00 |
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| Enstar Completes Previously Announced Transaction with IAG |
HAMILTON, Bermuda, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that it has completed the previously announced transaction between one of its wholly owned subsidiaries with Insurance Australia Limited, on behalf of Insurance Australia Group (“IAG”), following receipt of the relevant regulatory approvals and satisfaction of the final closing conditions. |
globenewswire.com |
2024-08-29 13:20:00 |
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| SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates RCM, ESGR on Behalf of Shareholders |
NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: |
globenewswire.com |
2024-08-12 16:45:00 |
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| Enstar to Enter $376 Million Loss Portfolio Transfer with QBE |
HAMILTON, Bermuda, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly owned subsidiaries has reached an agreement to provide a ground-up Loss Portfolio Transfer (“LPT”) with certain subsidiaries of QBE Insurance Group Limited (“QBE”). The transaction involves a diversified portfolio of US commercial liability and workers' compensation business, largely underwritten on recently discontinued programs. Enstar is familiar with the majority of the business and has existing exposure to the programs through a previous transaction with QBE in 2023. |
globenewswire.com |
2024-08-08 23:00:00 |
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