Enstar net profit down by two-thirds in Q1

Enstar has reported first quarter net income of $119mn, or $8.02 per share, well down on the prior-year period’s $424mn, or $24.79 a share, which included a $194mn net gain recognised on the novation of a reinsurance closed book of life annuity policies at Enhanzed Re.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 77 4160 9204

    andy.stone@wbmediagroup.com