Stratrix
On the Record · Enstar Group

Enstar Group acquisitions, on the record

The businesses Enstar Group bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Aspen Insurance Holdings Limited (Aspen) loss portfolio transfer
Word for word“In May 2022, we completed a loss portfolio transfer (“LPT”) transaction with Aspen Insurance Holdings Limited (“Aspen”) with respect to $3.1 billion of net loss reserves, subject to a limit of $3.6 billion.” 10-K for 2022
acquisitionIn May 2022$3.1 billion of net loss reserves, subject to a limit of $3.6 billion
Probitas Managing Agency Limited (Probitas) loss portfolio transfer
Word for word“In August 2022, we closed a LPT transaction with Probitas Managing Agency Limited (“Probitas”) and assumed $61 million of net loss reserves with respect to the 2018 and prior year of account exposures of Probitas’ managed Syndicate 1492 which cover general liability and financial risks underwritten worldwide.” 10-K for 2022
acquisitionIn August 2022$61 million of net loss reserves
Enhanzed Re
Word for word“We recognized the impact of these transactions in our first quarter 2023 results, as we report the results of Enhanzed Re on a one quarter lag.” 10-K for 2023
agreed divestiture——
Atrium
Word for word“Following the completion of the transaction, SSHL became a wholly-owned subsidiary and we no longer have a direct or indirect ownership interest in Atrium.” 10-K for 2023
agreed divestiture——
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$18.5 million$0$0
2017-12-31$4.2 million$126.6 million$0
2018-12-31$245.2 million$0$41.7 million
2019-12-31−$172 million$0—
2020-12-31$0——
2021-12-31$206 million——
2022-12-31$0——
2023-12-31$0——
2024-12-31−$76 million——

Deal filings since 2016

Read from Enstar Group’s annual reports (10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2025-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.