Reinsurance News

StarStone

Enstar considering Atrium and StarStone sale

18th June 2018

Bermuda based insurance, reinsurance and run-off specialist Enstar Group Limited has retained investment bankers to explore a potential sale of its active underwriting businesses. In a move clearly designed to test the market's appetite for another pricey M&A deal, Enstar said that recent transactions led to the decision to find out ... Read the full article

StarStone launches crisis management team with Argo & Antares hires

12th February 2018

International specialty insurance firm StarStone has launched a new crisis management team, thanks to the hire of three experienced underwriters from Argo and Antares. The newly-formed crisis management division will sit alongside and strengthen StarStone's war and terrorism underwriting platform, offering war and terrorism re/insurance and credit and political risks insurance. James ... Read the full article

Enstar to reinsure £840mn portfolio of Novae Legacy business

29th January 2018

Enstar Group Limited's Lloyd's managing agency, StarStone Underwriting Limited, has completed a reinsurance-to-close deal with AXIS Managing Agency Limited, which sees Enstar's Syndicate 2008 reinsure to close the 2015 and prior underwriting years of account of Novae Syndicate 2007. Under the terms of the reinsurance-to-close transaction, Enstar will assume net reinsurance reserves of roughly £600 million ... Read the full article

StarStone looks to improve wholesale broker efficiency/profitability with ESCAPE 1-2-3

12th October 2017

International specialty insurance firm, StarStone, recently announced the launch of a new online broker platform designed to significantly improve efficiencies and simplify product access, called ESCAPE 1-2-3. ESCAPE 1-2-3 expands on StarStone's U.S. wholesale brokers service for SME accounts, known as the ESCAPE portal, which was launched in 2010 and, the ... Read the full article

StarStone hires new Global Head of Accident & Health

3rd May 2017

Enstar Group's international specialty insurer, StarStone, recently announced the appointment of Jeff Herman as its Global Head of Accident & Health, effective immediately. Herman brings over three decades of industry experience to the role, and will report to U.S. Chief Executive Officer (CEO) Norman Brown, and Group Chief Underwriting Officer (CUO), ... Read the full article