Enstar Completes Reinsurance Of $690 Million

Enstar Group Limited announced that one of its wholly owned subsidiaries has completed a transaction with Continental Casualty Company [CNA] to reinsure a legacy portfolio of excess workers’ compensation business. “In the transaction, CNA ceded net insurance reserves to an Enstar subsidiary of approximately $690 million not inclusive of any roll forward adjustments, relating to […]

(Click to read the full article)

Go to Source