Reinsurance News
Enstar
Legacy roundtable: Establishing trust key to a successful legacy partnership as client expectations evolve
3rd November 2026
In recent years, shifting client needs and expectations have led to a more proactive legacy market focused on broader strategic uses, and as acquirers, brokers and advisers work to secure repeat and new business, establishing trust and partnership is vital, according to market experts. Last month, Reinsurance News, in partnership with ... Read the full article
Enstar promotes David Ni to President
30th October 2026
Enstar, a global insurance and reinsurance group and consolidator of legacy re/insurance liabilities, has announced the promotion of David Ni to President, and also the appointment of two senior industry executives to drive its expansion and diversification across specialist underwriting and retrospective solutions. Ni joined Enstar in 2019, initially serving as ... Read the full article
Enstar enters into ADC reinsurance agreement with Markel
29th October 2026
Global legacy specialist Enstar Group's wholly-owned subsidiary, Cavello Bay Reinsurance Limited, has entered into an adverse development cover (ADC) reinsurance agreement with Markel Insurance, the insurance operations within Markel Group, covering a portfolio of its run-off global reinsurance business and certain discontinued lines within its insurance operations for underwriting years ... Read the full article
IRLA Congress: Legacy market matures into strategic capital and operational partner for re/insurers
11th May 2026
The legacy and retrospective reinsurance market is entering a new phase of maturity, driven by growing demand for capital optimisation, operational efficiency and increasingly sophisticated transaction structures. That was the central message from this year’s IRLA Congress & Business Seminar, where industry leaders described a sector that is no longer simply ... Read the full article
Enstar sees significant growth opportunities on the live and legacy side: Dan Sanford
7th May 2026
Following its agreement to acquire Accident Fund Holdings, Inc. (AF Group) alongside positive industry tailwinds, global insurance and reinsurance group Enstar is “excited” about the opportunities ahead, seeing ample room for growth. During a recent trip to Bermuda, Reinsurance News spoke with Dan Sanford, Managing Director, M&A at Enstar, about the ... Read the full article
Non-life run-off deal momentum remained strong in Q1’26, says PwC
1st May 2026
PwC has reported that legacy market momentum continued in the opening three months of 2026, with nine publicly disclosed non-life run-off deals announced by five acquirers, with cumulative gross liabilities of approximately $730 million transacted for the five transactions that disclosed deal values. According to PwC, three of the deals announced ... Read the full article
Enstar and Artex to provide exit solutions for Artex’s ILS vehicles
16th April 2026
Global legacy specialist Enstar Group and Artex Capital Solutions, a provider of insurance-linked securities (ILS) insurance management and alternative risk solutions, have partnered to offer streamlined exit solutions for investors in the Artex ILS transformation vehicles, providing investors with access to a diversified suite of prospective and retrospective exit products ... Read the full article
Aon expects market dynamics to accelerate legacy activity at Lloyd’s
15th April 2026
Despite reduced legacy deal activity in 2024 and 2025 amid relatively benign catastrophe activity and the strong performance of the broader re/insurance market, broking group Aon expects activity to accelerate at the specialist Lloyd's marketplace as capital allocation becomes more disciplined. Insurance and reinsurance broker Aon's April 2026 Lloyd's Legacy Report ... Read the full article
Enstar to acquire AF Group from Blue Cross
13th February 2026
Enstar, a global insurance and reinsurance group backed by investment vehicles managed by affiliates of Sixth Street, has entered into a definitive stock purchase agreement to acquire 100% of the shares of Accident Fund Holdings, Inc. (AF Group) from Blue Cross Blue Shield of Michigan. The transaction is expected to be ... Read the full article
Enstar launches $300m casualty reinsurance sidecar Scaur Hill Re
26th August 2025
Global legacy re/insurance specialist Enstar has launched Scaur Hill Re Ltd., its first casualty reinsurance sidecar funded by a small group of third-party institutional investors providing $300 million in capacity, as reported by Artemis, our insurance-linked securities (ILS) focused sister publication. The creation of Scaur Hill Re Ltd. is a particular ... Read the full article
Reinsurance News Legacy Market Roundtable 2025
3rd July 2025
Around the annual meeting of the legacy re/insurance market in Brighton, UK, in May, we hosted our inaugural Legacy Market Roundtable, in partnership with global reinsurance company, Swiss Re, during which 11 experts from across the retrospective world discussed key trends, opportunities, and challenges for the market. Read the full article
Sixth Street completes $5.1bn acquisition of Enstar
2nd July 2025
Global legacy re/insurance specialist Enstar Group Limited has announced the completion of its acquisition by investment firm Sixth Street for $338.00 in cash per ordinary share, representing a total equity value of $5.1 billion. The acquisition was initially announced in July 2024, with Liberty Strategic Capital, J.C. Flowers & Co. ... Read the full article
AXIS completes $2.3bn LPT reinsurance agreement with Enstar
25th April 2025
Global insurer and reinsurer, AXIS Capital Holdings Limited and global legacy re/insurance specialist, Enstar Group Limited have completed their previously announced 75% ground-up quota share loss portfolio transfer (LPT) reinsurance agreement. The transaction was completed following the receipt of regulatory approvals and satisfaction of various other closing conditions. The LPT agreement ... Read the full article
Enstar completes $196m LPT with Atrium
5th March 2025
Enstar has revealed that its Lloyd’s syndicate (Syndicate 2008), managed by Enstar Managing Agency Limited, has completed the previously announced transaction with Atrium Syndicate 609, managed by Atrium Underwriters Limited. Under the terms of the loss portfolio transfer (LPT) agreement, Atrium Syndicate 609 reportedly ceded net loss reserves of approximately ... Read the full article
Enstar agrees $196m LPT with Atrium for discontinued portfolios
14th January 2025
Legacy specialist Enstar Group Limited's Lloyd's Syndicate 2008 has agreed a $196 million ground-up loss portfolio transfer (LPT) with Atrium Syndicate 609, relating to business underwritten in the 2023 and prior years of account. This LPT transaction involves Atrium Syndicate 609's discontinued portfolios, comprised of marine treaty reinsurance, property treaty reinsurance, ... Read the full article





