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Enstar Group Ltd  (ESGR)
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Price: $293.6200 $-5.40 -1.806%
Day's High: $300.645 Week Perf: -1.92 %
Day's Low: $ 292.49 30 Day Perf: 2.26 %
Volume (M): 62 52 Wk High: $ 310.92
Volume (M$): $ 18,116 52 Wk Avg: $258.59
Open: $297.87 52 Wk Low: $217.52



 Market Capitalization (Millions $) 4,640
 Shares Outstanding (Millions) 16
 Employees 1,327
 Revenues (TTM) (Millions $) 1,429
 Net Income (TTM) (Millions $) 1,218
 Cash Flow (TTM) (Millions $) -500
 Capital Exp. (TTM) (Millions $) 0

Enstar Group Ltd

Enstar Group Limited is a Bermuda-based holding company, formed in 2001. Enstar is a multi-faceted insurance group that offers innovative capital release solutions and specialty underwriting capabilities through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia, and other international locations. Enstar is listed on the NASDAQ Global Select Market under the ticker symbol "ESGR".

Our fundamental corporate objective is growing our net book value per share. We strive to achieve this primarily through growth in net earnings from both organic and accretive sources, including the completion of new acquisitions, the effective management of companies and portfolios of business acquired, and the execution of active underwriting strategies.

Enstar focuses on the acquisition and management of insurance and reinsurance companies in run-off, and the acquisition and management of portfolios of insurance and reinsurance business in run-off. Since formation, we have completed the acquisition of over 70 insurance and reinsurance companies and portfolios of business. Although achieving growth through strategic acquisitions is our primary focus, we also provide management, consulting and other services to the insurance and reinsurance industry globally.

In recent years, Enstar has diversified further, and we now operate two specialty active underwriting businesses:

Atrium Underwriting Group Limited and its subsidiaries ("Atrium"), which manage and underwrite specialist insurance and reinsurance business for Lloyd’s Syndicate 609; and

StarStone Insurance Bermuda Limited and its subsidiaries ("StarStone") (formerly known as the Torus group), which is an A.M. Best A- rated global specialty insurance group with multiple underwriting platforms.

We Leverage Management’s Experience and Industry Relationships to Solidify Enstar’s Position in the Run-Off Market. Enstar leverages the extensive experience and relationships of our senior management team to solidify our position as a leading run-off acquirer and generate future growth opportunities.


We Engage in Highly Disciplined Acquisition, Management and Reinsurance Practices across a Diverse Portfolio of Loss Reserves. Enstar employs a disciplined approach when assessing, acquiring or managing portfolios of risk, which we believe minimizes risk and increases the probability of delivering positive operating results from the companies and portfolios acquired or managed. Enstar is highly selective in reviewing potential acquisition targets and management engagements. When considering any acquisition, we carefully analyze the target’s risk exposures, claims practices and reserve requirements.


We Aim to Profitably Underwrite Selected Specialty Lines to Enhance Future Growth Opportunities. Through our Atrium and StarStone segments, Enstar selectively underwrites in chosen specialty lines, with a focus on balancing risk exposures. Through Atrium and StarStone, the group’s underwriting activity grows organically; and when Enstar acquires run-off businesses, the group’s active underwriting companies are well-positioned to capture profitable active business in specialty lines previously identified as attractive.


We Manage Claims Professionally, Expeditiously, and Cost-Effectively. Enstar aims to manage claims made against group companies and portfolios in a professional and disciplined manner, drawing on in-house expertise to dispose of risks efficiently. Enstar strives to pay valid claims on a timely basis, while relying on well-documented policy terms and exclusions where applicable, and litigation when necessary, to defend against paying invalid claims.


We Seek to Commute Assumed Liabilities and Ceded Reinsurance Assets at a Discount to the Ultimate Liability. Using detailed claims analysis and actuarial projections, Enstar seeks to negotiate with policyholders, both in the non-life run-off insurance and reinsurance companies or portfolios that the group owns or manages, with a goal of commuting existing insurance and reinsurance liabilities at a discount to the ultimate liability.



   Company Address: A.S. Cooper Building Hamilton 0
   Company Phone Number: 292-3645   Stock Exchange / Ticker: NASDAQ ESGR
   


Customers Net Income grew by ESGR's Customers Net Profit Margin grew to

24.39 %

7.29 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AIG   -0.72%    
EG        1.18% 
HIG        0.72% 
MKL        0.74% 
PGR        3.75% 
TRV        0.66% 
• View Complete Report
   



Enstar Group Ltd

Enstar Group Ltd Surges Ahead with $238 Million Tax-Provisions Boost

Enstar Group Limited continues to impress investors with its impressive financial performance in the October to December 31, 2023 reporting season. The Property & Casualty Insurance company has shown significant growth in both earnings and revenue, outperforming its industry peers. With earnings per share increasing by a whopping 122.67% to $40.97 and revenue soaring by 161.957% to $482.00 million, Enstar Group Ltd has truly set itself apart in the market.
One of the key factors contributing to this success is the company's focus on improving sales, resulting in a net profit increase of 89.72% to $609.000 million in the financial fourth quarter of 2023. This growth is further supported by a significant improvement in operating earnings, which rose by an impressive 12366.67% to $374 million. Despite a decrease in net margin to 126.35% due to tax provisions, Enstar Group Ltd remains a strong player in the industry.

Dividend

Enstar Group Limited Announces Cash Dividends on Series D and Series E Preference Shares, Reinforcing Commitment to Shareholder Value

Published Mon, Feb 5 2024 9:16 PM UTC


Enstar Group Limited Declares Cash Dividends on its Series D and Series E Preference Shares
HAMILTON, Bermuda, Feb. 05, 2024 - Enstar Group Limited (Enstar) (Nasdaq: ESGR) has recently made an important announcement regarding the payment of cash dividends on its Series D and Series E preference shares. This decision showcases Enstar's commitment to shareholder value...

Enstar Group Ltd

Enstar Group Ltd Defies Market Volatility, Surges with Record-Breaking Profitability in Q3 2023

The stock market has always been a roller coaster ride for investors, with ups and downs that can leave even the most seasoned traders feeling uncertain. However, there are moments when a company's performance stands out and offers a glimmer of hope amidst the chaos. Enstar Group Ltd (Nasdaq: ESGR) is one such company that has caught the attention of investors with its recent positive financial results.
In the reporting period from July to September 30, 2023, Enstar Group Ltd saw a significant turnaround in its profitability. The company's earnings per share skyrocketed from $-26.10 per share in the same reporting season a year prior to a positive $2.43 per share. This remarkable improvement demonstrates the company's ability to adapt and thrive in a competitive market.

Dividend

Enstar Group Limited's Preference Share Dividends Reinforce Commitment to Shareholder Value

Published Fri, Nov 3 2023 8:16 PM UTC

Enstar Group Limited Announces Quarterly Preference Share Dividends
HAMILTON, Bermuda, Nov. 03, 2023 - Enstar Group Limited (Enstar) (Nasdaq: ESGR) has recently made an important announcement, stating their intention to pay cash dividends on their Series D and Series E preference shares. This move signifies Enstar's commitment to providing value to its shareholders and m...

Earnings announcement

Enstar Group and AIG Forge Strategic Alliance for Robust Risk Management

Published Wed, Nov 1 2023 8:35 PM UTC



Hamilton, Bermuda - Enstar Group Limited (NASDAQ: ESGR) made a significant announcement today, revealing the successful closure of a previously announced transaction with insurance giant American International Group, Inc. (AIG). The deal aims to offer vital protection to AIG against any adverse development on Validus Res loss reserves.
Enstar's subsidiary has a...






 

Enstar Group Ltd's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Enstar Group Ltd does not provide revenue guidance.

Earnings Outlook
Enstar Group Ltd does not provide earnings estimates.

 
Geographic Revenue Dispersion




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