Enstar reinsures US asbestos and environmental exposure for Zurich

02-10-2019

A wholly owned subsidiary of Enstar Group has completed a previously announced transaction to reinsure a number of the US asbestos and environmental liability insurance portfolios of Zurich North America. 

Enstar’s subsidiary assumed gross insurance reserves of approximately $0.5 billion, relating to business from 1986 and before. 

The transaction received regulatory approvals and satisfied other closing conditions.

 

Enstar Group, Zurich

Bermuda Re