AXIS Completes Transaction With Enstar

AXIS Capital Holdings and Enstar Group have completed a loss portfolio transfer [LPT] transaction, covering reinsurance segment reserves predominantly attributable to casualty portfolios related to 2021 and prior underwriting years. A spokesperson said, “The LPT reinsurance agreement covers reinsurance segment reserves totalling $3.1 billion at September 30, 2024, and is structured as a 75% ground-up […]

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